Bloomberg LP's response to its privacy scandal is coming under increasing criticism despite more than a week of statements from the company.
Wall Street banks and global central banks continue to wait for answers, some more patiently than others. Business journalism professor Chris Roush told CNBC: "If Bloomberg would disclose this information, this whole story would go away. They have made this a longer story in the news media than it needs to be, assuming the answers are benign," Roush said. Bloomberg is under scrutiny for a privacy breach by allowing its reporters access to usage data from its terminal clients.
On Friday, Bloomberg announced it had appointed former IBM CEO Sam Palmisano to serve as an independent advisor for the company's privacy and data standards. In addition, it said Clark Hoyt, the former public editor at the New York Times and now an editor-at-large at Bloomberg, would review the news side's relationship with the business side, regarding privacy and data issues.
Still, what follows are some of the most pressing issues that clients say Bloomberg has yet to answer. The company, a competitor to CNBC in gathering and distributing business news both on television and on the web, declined to comment.