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	<title>Observer &#187; Bloomberg Loses $12 M Customer, Gains 5 Journalists</title>
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		<title>Observer &#187; Bloomberg Loses $12 M Customer, Gains 5 Journalists</title>
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		<title>Bloomberg Loses $12 M Customer, Gains 5 Journalists</title>

		<comments>http://observer.com/2012/01/bloomberg-loses-million-dollar-customer-gains-5-journalists/#comments</comments>
		<pubDate>Fri, 13 Jan 2012 12:10:19 -0400</pubDate>
					<link>http://observer.com/2012/01/bloomberg-loses-million-dollar-customer-gains-5-journalists/</link>
			<dc:creator>Kat Stoeffel</dc:creator>
				
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		<description><![CDATA[<div>
<p>Here's one unexpected (but tough to pity) victim of the MF Global meltdown: Mayor Michael Bloomberg.</p>
<p>When the brokerage filed for bankruptcy, Bloomberg LP lost 600 terminal subscribers, or about $1 million in monthly revenue, <a href="http://dealbook.nytimes.com/2012/01/12/bloomberg-suffers-too-in-collapse-of-mf-global/"><em>The New York Times</em> reports,</a> causing the company to miss target sales by 12 percent and possibly taking a toll on bonuses.<!--more--></p>
<p>Sales of the Bloomberg terminal, a finance industry must-have, fund the vast majority of Bloomberg LP's journalism outfit. As a result, the size of its reporting staff is  closely linked to the health of the economy.</p>
<p>But things aren't so bad yet: Bloomberg View executive editor David Shipley <a href="http://www.bloomberg.com/pressroom/2012/01/13/bloomberg-view-expands-editorial-board/index.html">added five journalists</a> to the editorial board today.</p>
</div>
<ul>
<li>Katy Roberts,<em> The New York Times </em>Week in Review editor</li>
<li>James Gibney, features editor at <em>The Atlantic</em></li>
<li>Michael Newman, politics editor at <em>Slate </em></li>
<li>Marc Champion, Istanbul bureau chief at <em>The Wall Street Journal</em></li>
<li>Deborah Solomon--<a href="http://www.observer.com/2011/media/exclusive-deborah-solomon-out-new-york-times-magazine">no, not that Deborah Solomon</a>--economic policy reporter at <em>The Wall Street Journal</em></li>
</ul>
]]></description>
		<content:encoded><![CDATA[<div>
<p>Here's one unexpected (but tough to pity) victim of the MF Global meltdown: Mayor Michael Bloomberg.</p>
<p>When the brokerage filed for bankruptcy, Bloomberg LP lost 600 terminal subscribers, or about $1 million in monthly revenue, <a href="http://dealbook.nytimes.com/2012/01/12/bloomberg-suffers-too-in-collapse-of-mf-global/"><em>The New York Times</em> reports,</a> causing the company to miss target sales by 12 percent and possibly taking a toll on bonuses.<!--more--></p>
<p>Sales of the Bloomberg terminal, a finance industry must-have, fund the vast majority of Bloomberg LP's journalism outfit. As a result, the size of its reporting staff is  closely linked to the health of the economy.</p>
<p>But things aren't so bad yet: Bloomberg View executive editor David Shipley <a href="http://www.bloomberg.com/pressroom/2012/01/13/bloomberg-view-expands-editorial-board/index.html">added five journalists</a> to the editorial board today.</p>
</div>
<ul>
<li>Katy Roberts,<em> The New York Times </em>Week in Review editor</li>
<li>James Gibney, features editor at <em>The Atlantic</em></li>
<li>Michael Newman, politics editor at <em>Slate </em></li>
<li>Marc Champion, Istanbul bureau chief at <em>The Wall Street Journal</em></li>
<li>Deborah Solomon--<a href="http://www.observer.com/2011/media/exclusive-deborah-solomon-out-new-york-times-magazine">no, not that Deborah Solomon</a>--economic policy reporter at <em>The Wall Street Journal</em></li>
</ul>
]]></content:encoded>
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