The BLOOMBERG TELEVISION network has won two Emmy Awards
for its investigative reports, “401K Hidden Fees” and “Deadly Brew: The Human Toll of
Ethanol.” The awards, in recognition of excellence in business reporting, were announced
at the 6th Annual Emmy® Awards for Business & Financial Reporting in New York City.
The BLOOMBERG TELEVISION network received the Emmy award in the outstanding
investigative reporting of a business news story category for “401K Hidden Fees,” a half-hour
special exposing hidden charges that can skim off more than half of investment returns over a
lifetime of retirement plan saving. “401K Hidden Fees” was hosted by anchor Mike Schneider
and produced by Gary Matsumoto.
The BLOOMBERG TELEVISION special “Deadly Brew: The Human Toll of Ethanol” received the
Emmy award in the outstanding documentary on a business topic category. The half-hour
program, hosted by Mike Schneider and produced by Randy Martin, investigates abuses
endured by Brazils migrant workers who harvest sugar cane for ethanol production.