Important context to see both sides, certainly a questionable liability they knew about, I guess he worked so hard they felt it was a risk worth taking, which brings their judgement into question.
The fact that all this drama is being publicly aired and used as a weapon does not put Zero Hedge in a good light, it's almost like Bloomberg baited them into this defensive posture.
> Regarding, the actual content of Bloomberg's platform giving voice to a disturbed individual, former drug dealer and alcoholic, we find it particularly amusing as it "accuse" Zero Hedge of being intent on generating profits.
> Coming from Bloomberg we find this not only entertaining but somewhat hypocritical.
> Incidentally, the chart above may explain why none other than our "competitor" Bloomberg decided it was its mission to voice a grievance of a disgruntled former employee who admitted it was his intention to "destroy" Zero Hedge.
They show their web traffic towards the end which seems to point to 1.5-2mm daily users. I don't really have too much context for such numbers. But it seems like it was enough to pay their disgruntled writer $100k+ per year.
The fact that all this drama is being publicly aired and used as a weapon does not put Zero Hedge in a good light, it's almost like Bloomberg baited them into this defensive posture.