Dan Doctoroff

Yesterday, Dan Doctoroff CEO of Bloomberg sent a letter to Bloomberg terminal customers outlining the results of two investigations of the company’s data security and journalistic practices. The investigations were triggered by reports in May 2013 that Bloomberg news reporters had access to some subscriber information.

In response to the controversy Bloomberg retained the law

Last week Bloomberg acknowledged that Bloomberg reporters had used the infamous “Z”  and  “UUID” functions on the Bloomberg terminal to access “customer data.”  Reporters had access to the names of users at an organization, how long the account had existed, when the account was last used and what broad categories of data they had accessed, e.g.

The skeptics said it couldn’t be done. The cynics said it wouldn’t be done ( at no additional cost to subscribers.) Only six months after the acquisition of BNA in September 2011, Bloomberg Law has loaded and integrated BNA content into the Blaw platform. And they are not charging their subscribers for the “mother lode” of content that became

Almost a modern day parody of Henry Ford’s color palette for the Model T (“You can have any color as long as it’s black.”) Bloomberg is entering the legal marketplace with monochromatic contract as in, “You can have any contract you want as long as it’s Bloomberg’s standard contract.”
So what’s the Upside?
In exchange