[PAR35]

So the data passes through his servers before it gets to the destination. Sounds like a good way to get the information you need to make an easy billion.

[doug from upland]

[LIConFem]

We had Bloomberg, Shark and our own proprietary data distribution systems when I worked for a govvies brokerage back in the mid-80s. The article makes it sound as though this was some super-secret system. It ain’t.

[Captain Peter Blood]

I actually thought he rented those terminals out at $20,000 a month not annually. He basically has a monopoly and Trump should let the antitrust division loose on him.

[boycott]

mini Mike basically had a monopoly. He’s a one-trick pony.

[dblshot]

Shows what a middle class kid fired at 39 can do with an eight million dollar buyout.

[poinq]

Its tied to bond traders. It was the first system to list all the important information required to trade bonds. While it does other things as well. Its really bond traders that value a Bloomberg Terminal most. You notice that you can see stocks on almost any system. You rarely see specific bonds listed.

[gov_bean_ counter]

He had three partners only one of which was a programmer. Bloomy provided the funding. I doubt very seriously that he provided much to the development.

[ameribbean expat]

https://www.businessinsider.com/goldman-sachs-flips-out-over-bloomberg-spying-2013-5

Goldman Sachs recently confronted Bloomberg LP after learning that reporters for the business news service have been using the company’s terminals to monitor employees of the Wall Street bank, Mark Decambre of The New York Post reports.

Specifically, Goldman officials learned that Bloomberg staffers could determine not only which of its employees had logged into Bloomberg’s proprietary terminals but also how many times they had used particular functions, sources told The Post.

[2CAVTrooper]

“the Bloomberg Terminal, a computer software system for the financial industry”

Does it skim fractions of pennies from each account?

[Paladin2]