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Hunch About Bloomberg Brought Rivals Together (Dealbook)

Date: May 31, 2013
Authors: Susanne Craig and Jessica Silver-Greenberg
QUOTE: Goldman Sachs and JPMorgan Chase are usually bitter rivals, competing for lucrative banking and trading business. But one day in April, the Wall Street titans found common ground: frustration with the Bloomberg news and financial data empire....they believed that Bloomberg reporters were using the company’s data terminals to monitor Wall Street sources — the executives at the banks that were spending thousands of dollars a year to use the data-rich machines.

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