I wouldn’t necessarily say Meng being indicted is “nothing at all.” Nonetheless, the story does a great job of illustrating what type of activities LE must do during a type of operation and investigation of this magnitude.
Perhaps US police have shoved too many of these cases under the rug and now they need a scape goat because it is becoming too obvious that US companies cannot bribe, influence, or demand justice from their own government when the opposition is "businesses" with the backing and protection of China.
Well Bloomberg reporters get bonuses based on how much the their stories move the market. Huawei is traded on the Shanghai Exchange so the incentives for the reporter are to make the stock tank (or pop, I guess).
This article speculates but doesn't provide any actual evidence of anything other than the fact that they probably get compensated for reporting on things that impact the market... Which makes sense considering the nature of their publication.
It doesn't provide any proof that they encourage bogus reporting for the purpose of manipulating the market. There's a difference.
FTA:
We asked Bloomberg about the practice. A company spokesperson acknowledged it.
"It isn't news unless it's true. At Bloomberg News, the most important news is actionable. That means we strive to be first to report surprises in markets that change behavior and we put a premium on reporting that reveals the biggest changes in relative value across all assets."
Reporting on changes and causing changes aren't the same thing. That's like saying that climate scientists are responsible for climate change because they're reporting on it.
