UPDATE - Bloomberg CEO Calls Access to Journalists a 'Mistake"

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Bloomberg LP CEO Daniel Doctoroff said, after receipt of reports that users of the company terminals were investigating potential leaks of information, said that the company committed a 'mistake' by providing journalists access to data on a client's terminal usage.

With this admission, the company seeks to reassure its customers that Bloomberg News journalists that have used the terminals would no longer have information about the access profile of the users of its ubiquitous terminals.

These terminals from Bloomberg are widely used on Wall Street and has also provided journalists a peek into information, such as last log in date of a customer, the length of use of the internal messaging service and history of data looked up in broad categories of either bonds or equities.

Doctoroff did say through a statement that reporters using their terminals would not be able to view the specific news stories to be read or the specific securities the users had viewed.

In the statement, Doctoroff said, "Having recognized this mistake, we took immediate action. Last month we changed our policy so that all reporters only have access to the same customer relationship data available to our clients."

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Bloomberg LP, CEO

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