Tuesday, October 21, 2014

Gold-Hater Joe Weisenthal Leaving Business Insider for Bloomberg

If you hate gold, the establishment will pay you big time.

Joe Weisenthal, executive editor of Business Insider, is leaving the company, reports Nicholas Carlson at BI.

Weisenthal is going to Bloomberg, where he'll host a TV show and develop a news site about the markets.

He has been with Business Insider for six years.

"I love BI and I never thought of leaving," he said. "But Josh Tyrangiel at Bloomberg put together an offer that no journalist could pass up."

The suspicion is that Weisenthal may be getting an annual salary of close to a million dollars.

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