Three design firms took on the challenge of re-designing the Bloomberg terminal interface, and the results were fantastic. The challenge came from Portfolio.com. The original article is here, but the fantasy terminals are here with an interactive interface that lets you highlight and zoom in on particular features. The design above is from thehappycorp.com and is my personal favorite.
Bloomberg claims to be constantly improving their interface design, but it still looks like runs on DOS and is straight out of the 80's.
Here is the desing from IDEO.com:
And one from Ziba.com: