That's not a dis, btw, everyone here should be fully aware of the fact that battles of the petty variety are our favorite kind. Quick recap, then down to the dirty. Last week, in a CNBC BREAKING NEWS segment, Charlie Gasparino report that Goldman Sachs had held a double secret you must have the password to enter meeting, mere hours after Tim Geithner's Congressional debut. According to Chaz, those gathered at the coffee klatch, which included the likes of Ken Griffin, were of the mind that the boy toy Treasury Secretary has no idea what he's doing.
Almost immediately following the hit, Goldman Sachs denied that the meeting was secret, saying it had been planned weeks in advance, and that T. Geith was not the issue. Later that afternoon, Chaspo, in a way only he can, claimed GS was talking BS, because if the meeting hadn't been secret, "where was my invitation?" And speaking of shit from a bull? The next morning CG suggested Goldman change its ticker to that, which he believes to be a more fitting acronym for the bank's business model. For those of you who thought that was the end of it-- how wrong you are.
This morning, Gaspo appeared in a bit called "Goldman's Losing Luster," and though the Times said pretty much the same thing this morning, the rag's piece lacked that angle of vendetta. While he Gasparino charitably noted that GS "is not going under," he went on to wax poetic:
"I'm very disappointed in that firm and their little reaction to my secret private meeting story last week. You know, first they denied there was any sort of meeting anywhere...even though it was at the top levels of the firm...and then they came out with this ridiculous statement afterward about how we got everything wrong, which we really didnt. You know, here's the thing, I think there's a bigger story in their bizarre reaction to that, and I got this from speaking to people on the Street, speaking to people at Goldman Sachs. And it's essentially that they are terrified about losing their stroke in Washington...and their influence broadly on Wall Street...and I think right now they are worried about losing that sort of stroke in the Obama administration. And one of the reactions... you get a reaction like the one to that story because they're worried about losing that stroke...[stuff about how Geithner isn't reaching out to the banks]...now, they do still have stroke there, someone told me, I have to confirm this, but one of Geithner's top liutenents is a Goldman guy. And when you talk to people they say, 'well they're always going to have stroke because they have a thousand of their little minions running around as lobbyists down there.' But clearly, inside Goldman, they're scared about not having the same access they used to have."
And then Joe Kernan asked Chaz if he was "mad at Lucas Von Trapp or something," in a zinger of a dig to Lucas van Praag, spokesman for Goldman Sachs! And though Gasparino claimed he "likes Lucas" he couldn't in good conscience not characterize GS's denial as "a bonehead move," to which Kernan added, "and now they're gonna pay!"
All this begging the question-- who's going to make a hit on whom first?
Posted by Investorcluzo , Feb 17, 2009 9:30AM
not that I have any love for the boys and girls down on 85 broad, but chaz goes down before gs...just sayin'
Posted by guest , Feb 17, 2009 9:34AM
He needs his meds.
Posted by guest , Feb 17, 2009 9:37AM
Too unedited, did not decipher.
Actually you can easily fill in the missed word blanks. Outstanding work, as always.
Posted by Lowly Assistant , Feb 17, 2009 9:39AM
"Stroke" is the new "fluid?"
Posted by guest , Feb 17, 2009 9:39AM
Gasparino is a stroker.
Posted by guest , Feb 17, 2009 9:40AM
@3- that is a direct quote, it shouldn't be edited. to tamper with it would mar the beauty of CG.
Posted by guest , Feb 17, 2009 9:42AM
This is lowest form of journalism I have ever seen. These CNBC guys -- particularly Gasparino -- need to understand that their job is to REPORT the news (i.e. read the prompter mental midgets) not wage on air vendettas for being made fool out of due to their own speculative "'throw it out there and if it sticks it is a story' reporting."
Do we have a press regulator a la the SEC/FED to call foul on crap like this?
Btw, Bess you need to include an "asks" between "Kernan Chaz" in the first line of last para summarizing the idiotic CNBC commentary before your concluding question.
Posted by guest , Feb 17, 2009 9:44AM
I agree with #7. Gasparino is making a complete jackass of himself. Im 100% certain he will never get access to anyone at GS ever again (which cant be good for his line of work)
Posted by guest , Feb 17, 2009 9:44AM
I agree with #7. Gasparino is making a complete jackass of himself. Im 100% certain he will never get access to anyone at GS ever again (which cant be good for his line of work)
Posted by guest , Feb 17, 2009 9:46AM
@7 - eat a cock
Posted by guest , Feb 17, 2009 9:47AM
Yesss.....I had a sttrrrroke!
Posted by Lowly Assistant , Feb 17, 2009 9:48AM
*for being made fool out of due to their own speculative "'throw it out there and if it sticks it is a story' reporting."*
What the fuck does this even mean?
If you want boring/objective stories, may I suggest the AP?
---Fan de la Chaz
Posted by guest , Feb 17, 2009 9:48AM
@10 -- Is that you Charlie G?
Posted by guest , Feb 17, 2009 9:50AM
Gasbag has all the maturity of a 7th grade girl.
Posted by guest , Feb 17, 2009 9:52AM
Gasstroganoff is the man. Suck it, GS, go back to protecting your bags of gold!
Posted by guest , Feb 17, 2009 9:52AM
The piece was actually called "Golmdan Losing Luster," until they fixed it after a commercial break.
Posted by guest , Feb 17, 2009 9:52AM
Hey! If anyone's gonna be called petty, it better be me. Damn, I was being petty and vengeful on GS's ass long before Chas got the balls to do so.
http://epicureandealmaker.blogspot.com/2009/01/dirt-bag-chronicles.html
Meme-stealing sonofabitch.
TED
Posted by guest , Feb 17, 2009 9:57AM
Looks like said house has been caught at their insider game. I recall CG quote:
"Even the insiders at the NY fed did not know what the insiders where planning" or something to that extent.
Case for the SEC?
Posted by guest , Feb 17, 2009 9:59AM
Having just run into CG at the Equinox, I'd note that he is definitely not losing his luster. Of course that couldv'e been the body oil.
Posted by guest , Feb 17, 2009 9:59AM
gasbag should stfu, just like any other jounalist (except for bess we all love bess jada jada) being a journalist is not a job - its commenting on other people doing stuff..
Posted by guest , Feb 17, 2009 10:04AM
......Gasbagsofgroceries is willing to wrestle anyone at GS greco roman style in the steam room at Equinox TWC tonight at 7pm ... more to follow .....
Posted by guest , Feb 17, 2009 10:16AM
@17 -- Kinda pathetic to try and steal traffic from this site to yours... Very C Gasparinoish of you
Posted by guest , Feb 17, 2009 10:20AM
Note to Chaz baggagool: Grow Up bitch, you're simply a legend in your own mind. The journalistic world DOES NOT revolve around you. And GS owes you no explainations either!
Posted by guest , Feb 17, 2009 10:32AM
be fair to cnbc. joe k did preface the lead in to chazza with something like "a falling star," or something. i think he was referring to gassy.
Posted by guest , Feb 17, 2009 10:34AM
What is a GS?
Posted by guest , Feb 17, 2009 10:35AM
@24- this is about CG. and JK said "wall street's shining star" in reference to charlie.
Posted by guest , Feb 17, 2009 10:35AM
gs throws the first punch by inviting dennis kneale to the next secret meeting.
Posted by guest , Feb 17, 2009 10:43AM
Incorrect usage of the "begging the question." Otherwise - funny as always.
Posted by guest , Feb 17, 2009 10:44AM
kill yourself @28.
Posted by guest , Feb 17, 2009 10:50AM
29- Don't worry, things will get better. -28
Posted by guest , Feb 17, 2009 11:13AM
Your time's almost up, Charles. Time to stroke up the Meds.
Posted by guest , Feb 17, 2009 11:27AM
7: "Do we have a press regulator a la the SEC/FED to call foul on crap like this?"
Yes, it's called Stalin you dumb cunt.
Posted by guest , Feb 17, 2009 11:29AM
@32- actually, it's called dealbreaker.
Posted by guest , Feb 17, 2009 11:50AM
@33. get out more please
Posted by guest , Feb 17, 2009 11:58AM
if he worked anywhere else, Charlie G would have been let go last week for the ridiculous logic behind why his report was factual. sounded like a 12 year old caught in a lie. "fast, actionable, UNBIASED". guess CNBC forgot the last part.
Posted by guest , Feb 17, 2009 12:34PM
Gassy needs to have that sense of entitlement slapped the fuck out of him!
Equinox would probably be a good place
Posted by guest , Feb 17, 2009 1:33PM
fidelio
Posted by guest , Feb 17, 2009 1:34PM
fidelio
Posted by guest , Feb 17, 2009 4:34PM
There's no battle here. GS is using the Gasbag to plant their story about its lack of influence with the government. That's fiction.
Posted by guest , Feb 17, 2009 5:00PM
That seems to be the way things are going with all of Gasbag's "scoops" - most are actually planted stories that benefit the "planters" in the long run. Question is: if Charles is supposed to be so street-smart, why is he allowing himself to be used this way, time and time again? Or is he so juiced up with fluids that he just dosen't know the difference anymore?