Reuters Chief Accused of Caving to Hedge Fund; ‘Not a Bad Story … Could Have Run’

Reuters editor-in-chief David Schlesinger told staffers in a conference call Wednesday that an investigation into billionaire hedge fund manager Steven Cohen that he killed last month after Cohen called to complain was “not a bad story” and “could have run.” Which doesn’t really explain why he killed it, does it? In the tense call, a recording of which was provided to Gawker, Schlesinger faced down a string of angry and confused Reuters journalists demanding to know precisely why their boss spiked an investigation into accusations that SAC Capital Advisors’ Steven Cohen engaged in insider trading in the 1980s

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Reuters Chief Accused of Caving to Hedge Fund; ‘Not a Bad Story … Could Have Run’

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