Sorry, this person claimed to be direct to the news source. It's not a friend of a guy that knows a person that has a connection. That's 4 layers.. this is plainly directly to the source. Let's be accurate at least.
I've asked a friend who's with a well known business news org in NYC
"a friend of a guy that know this person, that has a connection to a guy at Bloomberg= vla-bla-bla"