What's the outcome here if the expose turns out to be a farce?
Written apology from Bloomberg? Fire the reporters? SEC charges of security fraud related to stock manipulation?
Written apology from Bloomberg? Fire the reporters? SEC charges of security fraud related to stock manipulation?
Also, I want to believe that they did more groundwork to establish credibility before deciding to go for it. If it turns out to be false, I wouldn't know whom to trust anymore.
A lawsuit from damaged shareholders isn’t out of the question though.
Edited: When i first read your comment, it sounded like you were emploring the president to act against the press. I see that i misread.
If this was anything, it would be a reason to move against China.
However, several days later, we can be fairly confident in saying it isn't any reason for the President to do anything, on the grounds that to the best of my knowledge, he hasn't done anything. (This opinion subject to change if someone cites something, of course. But I'd expect it would have come up in our HN conversations by now.) If this was a conspiracy from the government to make hay out of this news, they would have done so by now. Next day at the latest, given the speed of the news cycle nowadays. I think we can safely discard this theory now.
(I also see no reason to even suspect that the President thinks he needs some sort of additional casus belli against China. He seems to believe he's got plenty already. If such things are being faked, they aren't being faked in stories like this, but at a much different level in much different places.)