I doubt anything will happen to Bloomberg. If the journalists are found to have fabricated the story, they will probably let go. Even if bloomberg was to suffer financially or legally, some billionaire or company would bail or buy them out like what happened with Rolling Stone or WashingtonPost in the past few years. Well Bloomberg wouldn't even need outside help since their owner and namesake is one of the wealthiest men in the world. These large news companies are pretty much untouchable since they are viewed as systematically important and are backed by the wealthy class.