So this is the Bloomberg Way!
Bloomberg LP fired an editor yesterday after he published an incorrect headline on the company’s terminals worldwide — saying a jury had found ex-Goldman Sachs banker Fabrice Tourre not liable for misleading investors, The Post has learned.
In fact, the Manhattan federal court jury found Tourre liable for six of the seven claims brought by the Securities and Exchange Commission.
John Pickering — a roughly 20-year veteran at Bloomberg — input a headline on Bloomberg’s terminal that read: “BREAKING: Fabrice Tourre Wins SEC case claiming fraud in $1 billion CDO deal.”
The headline was corrected moments later — but the axe was dropped on Pickering less than 24 hours after the flub, sources said.
A Bloomberg spokesman declined to comment on the situation.
A person familiar with the media giant confirmed that Pickering “is no longer with the company.”
The Huffington Post reported on the flubbed headline Thursday.
A person identifying himself as Jack Pickering and claiming to be the ex-editor’s son, posted a comment on the Huffington Post wrong headline story today at 1:05 p.m. yesterday, claiming his dad is a “political victim” who was sacked because Mayor Mike Bloomberg had been embarrassed.
“So why was he fired?” he wrote. “Because Mike Bloomberg was momentarily humiliated in front of his big, deeply immoral banker buddies and was looking for a scapegoat.”
Bloomberg LP denies the mayor has a hand in employee matters.
Bloomberg staffers were stunned by the firing. “It’s quite a punitive action. It was a simple mistake,” said one insider.