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An Uneasy Marriage of the Cultish and the Rumpled.

Authors :
Clifford, Stephanie
Source :
New York Times. 4/26/2010, Vol. 159 Issue 55022, p1. 0p.
Publication Year :
2010

Abstract

When Bloomberg L.P. bought Businessweek in December, a group of the magazine's writers, who were being transferred to the Bloomberg newswire, attended a two-week training session. They learned that the terminals, costing about $20,000 a year, drove Bloomberg's business; they discovered that the main elevators stop only on the sixth and ninth floors, forcing a manic feeling in the building as employees dash up and down staircases. One speaker was the head of Bloomberg's ''speed desk,'' who was especially proud, according to people at the meeting, when the desk published a headline seconds ahead of Reuters, and a young trader had made enough money from that lead alone to buy a Hummer. [ABSTRACT FROM PUBLISHER]

Details

Language :
English
ISSN :
03624331
Volume :
159
Issue :
55022
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
49631339