Bloomberg Reporters Caught Spying On Terminal Users 55
theodp writes "Big Bloomberg is watching you. CNN reports that was the unsettling realization Goldman Sachs execs came to a few weeks ago when a Bloomberg reporter inadvertently revealed that reporters from the news and financial data provider had surveillance capabilities over users of Bloomberg terminals. 'Limited customer relationship data has long been available to our journalists,' acknowledged a Bloomberg spokesman. 'In light of [Goldman's] concern as well as a general heightened sensitivity to data access, we decided to disable journalist access to this customer relationship information for all clients.' Business Insider is now reporting on allegations that Bloomberg reporters used terminals to spy on JPMorgan during the 'London Whale' disaster; Bloomberg bragged about its leadership on this story."
Welcome to what web consumers have faced for years (Score:5, Insightful)
I would like to welcome Wall Street and banking institutions (and the financial branches of several governments) to what web consumers have faced for years --- surreptitious tracking without consent, without knowledge, and without any concern for consequences. How does it feel to be treated like a raw material rather than a customer?
Re:This is huge and shocking (Score:3, Insightful)
The only shocking aspect is that you think Google is not using the information from user queries for financial gain.