By his own admission on Power Lunch earlier today, Charlie Gasparino thought yesterday’s hearing on Capitol Hill sucked, so much so that he “fell asleep” (passed out?) three times. But it was not all for naught. Chaz walked away from the Congressional bitch sesh with a crush and maybe– please God, please– co-host for the hotly anticipated Chazparino Variety Hour. Sayeth CG:
Three cheers for Congresswoman Maxine Waters. The California Democrat at least kept yesterday’s House Financial Services Committee hearings on the government’s bailout of the nation’s big banks interesting. She sarcastically referred to the group of CEOs seated before her–which included Lloyd Blankfein of Goldman Sachs, John Mack of Morgan Stanley, Vikram Pandit of Citigroup, Jamie Dimon of JP Morgan Chase, and Bank of America chief Ken Lewis– as “our captains of the universe.” Well, most of these captains were about to go down with their ships. Waters let them have it. Later, after getting a smartass remark from Lewis, she demanded to know if he and his buddies were raising credit-card rates. And then she and Lewis went at it again, causing Lewis to remark that he couldn’t understand what she was talking about.
[...]
I know how much people love beating up on the Wall Street CEOs who were hauled in front of the committee yesterday. And they deserve it. Several mentioned they didn’t know the economy was on shaky footing until the third quarter of 2007. Well guess what? Most of the smart money knew that the housing market–the pillar of our economy–was about to explode at the end of 2006. That’s why so many hedge funds began shorting any stock connected to the housing market. Failing to see the demise of the housing market when you’re supposed to have access to the best minds and analytical models on the planet is yet another reason not to trust Wall Street–they can’t even see a recession when its staring them in the face.
But let’s not let our elected officials off the hook either. Frank’s committee is supposed to be in charge of oversight. Where were these guys when the real-estate bubble reached dizzying heights? And now that the bubble has exploded, damaging not just housing prices, but the banking system and the national economy, what are they doing to fix the problem? Even more troubling, did you get any sense of urgency to come up with a solution?
Answer those questions and you’ll understand why I like Maxine Waters so much: She came to play.
hey Chaz, no matter how much you tapdance around it, your report earlier is fucked up. Just admit you fucked up and dont cover it up by saying “Well they definitely talked about solving the problems in the mkt”
dont like the gasbag, but i enjoyed the above transcript for some reason
@1 – yep you said it. Chaz either tried to sensationalize something he overheard or he got played like a fool.
Charlie – I hope you beat bloody whichever analyst gave you that ‘hot tip’ in the gym last night!
Maxine? Really? Oh wait – I get it. Someone check the balance on Charlie’s Diner’s Club card. Lunch at San Pietro and dinner at Elaine’s doesn’t come free.
Let’s hope Charlie wins the bet with us so we can take a little pressure off his balance sheet.
Is it just me or does Ken Lewis look like a penis?
To echo earlier comments, don’t believe everything GS says, but at the same time, GS is playing a chess game, so maybe their meeting was a kick in the pants to Geithner/Chosen One etc.
(I don’t for a second believe it was planned in advance.)
He basically said the same thing on Kudlow’s show last night. M Waters is entertaining…yeah, yeah, I know…Superfreak Riiiikkk Jammmmesss!!!
“She came to play?” Is that what you tell your kids when a bully with down syndrome and a speech impediment comes over?
Aforementioned ‘tard intelligence > maxine waters’/capuano intelligence combined.
Gaspacini is running furiously on the treadmill at Equinox right now grunting loudly and pumping his fists in the air.
If I remember correctly didn’t Waters defend the looters actions during the LA riots?
crazies like crazies
8 Never been to TWC, but generally the Equinox steam rooms are a bit cruisy. Ever catch him hanging there?
Charlie’s Chocolate Factory
@5 no its not just you. you both look like penises.
@9 “Riot is the voice of the unheard.”
@9 – Yes, she did.
“If you call it a riot it sounds like it was just a bunch of crazy people who went out and did bad things for no reason. I maintain it was somewhat understandable, if not acceptable. So I call it a rebellion.”[
http://www.latimes.com/news/printedition/suncommentary/la-op-wordwatch29apr29,1,3907230.story
11 — steam rooms at TWC are down right scary. Apparently they don’t seem to bother Gasmacho that much though.
@13. Go back to elementary school.
Why does DB continue to waste time & content focusing on this guy? Every day there are inane posts about him; who cares?
Waters said the rioting in LA 1992 was justified. Class Act
@18- people who are not you. don’t like it, don’t read it. as a big boy, you should be capable of that.
I think my favorite part about this is that Gasbagagool sits on his high horse (or whatever) looking down on anyone who works in Finance like he’s so much better than them (us).
Uh, news flash schmucko – without us, there is no you.
Now run along shooting yourself in the foot bubsky.
@18 — Gaspafungul, get out of here. This is our place. You have Elaine’s and the mens locker room at Equinox.
why isn’t he on the 25 people to blame list?
That place is really getting petty and immature. The insults are getting ridiculous.
using the phrase “I like Maxine Waters” should result in a beat-down.
“If you call it a riot it sounds like it was just a bunch of crazy people who went out and did bad things for no reason. I maintain it was somewhat understandable, if not acceptable. So I call it a rebellion.” —Wikipedia
She wins the teen choice award!
18 24 Because there’s not much going on otherwise thats particularly interesting. You having fun at work, doing anything rewarding? I’m not. Its truly been a grind for at least 6 mos now.
“That place is really getting petty and immature. The insults are getting ridiculous.”
But this is the money-back guaranteed service we offer!
would have been pretty funny if we heard something from the CEO’s like “
is it me, or does anyone else think that it is ironic that link in no sleeves’ artitcle uses clips from fbn instead of cnbc? why not use a link from cspan’s site? what does the boss a ge think about that?
would have been funny if Lewis said, “it sounds like it was just a bunch of crazy traders/structures who went out and did bad things for no reason. I maintain it was somewhat understandable, if not acceptable. So I call it a rebellion.”
would have been funny if Lewis said, “it sounds like it was just a bunch of crazy traders/structures who went out and did bad things for no reason. I maintain it was somewhat understandable, if not acceptable. So I call it a rebellion.”
Someone, besides Nancy P has a set, Gregg just withdrew his nomination and went back to the senate!!!!
The whole hearing was a complete farce. That one guy cut off Dimon in the middle of a very salient point. Too bad they were so busy grandstanding. Maxine Waters is pissed because her people are calling her complaining their CC rates are too high…I’m sure they’re leaving out the fact that they’re 1×60 3 times in the last 12 months.
this is hilarious. CG actually makes a few good points and rather than discuss those i’m reading 30-some retarded comments about some random congresswoman.
keep up the good work, retards, it’s no wonder you’re all getting laid off.
“SENATOR GREGG STATEMENT ON HIS WITHDRAWAL FROM CONSIDERATION OF U.S. COMMERCE SECRETARY
February 12, 2009
Contact: Andrea Wuebker/Laena Fallon (GREGG)
Sen. Gregg stated, “I want to thank the President for nominating me to serve in his Cabinet as Secretary of Commerce. This was a great honor, and I had felt that I could bring some views and ideas that would assist him in governing during this difficult time. I especially admire his willingness to reach across the aisle.
“However, it has become apparent during this process that this will not work for me as I have found that on issues such as the stimulus package and the Census there are irresolvable conflicts for me. Prior to accepting this post, we had discussed these and other potential differences, but unfortunately we did not adequately focus on these concerns. We are functioning from a different set of views on many critical items of policy.
“Obviously the President requires a team that is fully supportive of all his initiatives.
“I greatly admire President Obama and know our country will benefit from his leadership, but at this time I must withdraw my name from consideration for this position.
“As we move forward, I expect there will be many issues and initiatives where I can and will work to assure the success of the President’s proposals. This will certainly be a goal of mine.
“Kathy and I also want to specifically thank Governor Lynch and Bonnie Newman for their friendship and assistance during this period. In addition we wish to thank all the people, especially in New Hampshire, who have been so kind and generous in their supportive comments.
“As a further matter of clarification, nothing about the vetting process played any role in this decision. I will continue to represent the people of New Hampshire in the United States Senate.”
http://tinyurl.com/ajrnfm
Bottle of cheap Montepulciano…check
Plate full of olives,focaccia,soprasette…check
Watching Maxine Waters…(I’m in love )…check
…just another great day in Charlie’s exceptional life
CG is willing to listen to anyone as long as he gets the first scoop in the Equinox mens steam room.
Maybe this guy saw the way Timmay was treated and decided he wanted respect.
35
chimp
EP-
I was actually talking about the name calling in the comments.
What’s going to happen if Charcoal Gas is Timotaxevader Geithner’s Assistant Treasury Sec? Will there be yellingfest?
Since CharGas reliable sources are also his advisers, Geither may solicit advise what to do with the vomitus stimulus money
“Most of the smart money knew that the housing market–the pillar of our economy–was about to explode at the end of 2006. That’s why so many hedge funds began shorting any stock connected to the housing market.”
The reality of the hedge fund market would argue otherwise Mr. Gas; returns are down equal to or more than the market at the majority of funds and redemptions at many have been halted. Yea the smart money at hedge funds – they saw it all along……Ha.
She wakes up early every morning
Just to do her hair now
Because she cares yeah
Her day oh wouldn’t be right
Without her make up
She’s never had a make up
She’s just like you and me
But she’s homeless, she’s homeless
As she stands there singing for money.
La da dee la dee da
La da dee la dee da
La da dee la dee da
La da dee la dee da
La da dee la dee da
La da dee la dee da
Loved seeing Gasparino murder Donnie Deutsch
Hard to admit , but Donnie is a bigger moron than Charlie