I don’t think I have to tell you people it takes a big man to admit when he’s wrong, and an even bigger one to follow that admission up with an apology. Charlie Gasparino is fully aware of this truism, though in his 40 some-odd years, he’s had nothing to say sorry for, and certainly never gotten anything wrong. Sure, other people have seen it differently– the guy Chaz cut off on the BQE the other day, the San Pietro busboy he screamed obscenities at for getting his order wrong (twelve martinis, roast chicken with ketchup on the side), etc– but that’s their problem. Today you can add Barry Ritholtz to the list of people that Chaz doesn’t owe nothing. Yes, BR’s argument has its quasi-valid points– Ritholtz reminds us today that Chaz defended Lehman Brothers by saying Dick Fuld obviously knew more about the firm’s balance sheet than David Einhorn and Barry– but those are just facts. Charlie does have one thing to say to Ritz, though, which is simply this: ba fungul. No further questions.

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Comments (65)

  1. Posted by Anonymous | March 12, 2010 at 2:50 PM

    I don’t know about Einhorn, but Gaspagoulash certainly owes Finkle an apology.

    Abe Frohman

  2. Posted by volatilitysmile | March 12, 2010 at 2:54 PM

    No.

  3. Posted by Anonymous | March 12, 2010 at 2:59 PM

    Abe Frohman? Wasn’t he the king of sausage from Ferris Bueller’s Day Off?

  4. Posted by Anonymous | March 12, 2010 at 3:02 PM

    David Einhorn deserves credit for exposes the false truths of Lehman. The govt. paid $38 mil. to learn something David told us all for free………

  5. Posted by RupertMurdoch | March 12, 2010 at 3:05 PM

    Gaspardeuschebag used to report for CNBC? I did not know that.

  6. Posted by Anonymous | March 12, 2010 at 3:09 PM
  7. Posted by Anonymous | March 12, 2010 at 3:09 PM

    Screw you, Brian Williams!!

  8. Posted by Anonymous | March 12, 2010 at 3:10 PM
  9. Posted by Anonymous | March 12, 2010 at 3:14 PM

    Bess – Did Yael get lost in the Matrix when you changed the site or are you incredibly difficult to work for? Greg, Jon SHAZAM and now Yael, all in the course of a few months.

    I hope you’re the Harvey Weinstein of blogs…you’re way too cute.

  10. Posted by Anonymous | March 12, 2010 at 3:17 PM

    Yael was a bank shill.. good riddance

    Also, Barry has an unflattering tendency to do “I told you so” blog posts. Smart guy but he certainly can hold a grudge with the best of them

  11. Posted by Anonymous | March 12, 2010 at 3:18 PM

    But the IT guys still work for DB. What is up with that?
    Bill Gates

  12. Posted by Mitch Cumstein | March 12, 2010 at 3:21 PM

    It’s days like these when Chaz likes to go back to Rego, open a can of heavy Bud, set up the ol’ train set, and blow off some steam.

    http://www.youtube.com/watch?v=5EX426jSDto&feature=related

  13. Posted by cannonball dunham | March 12, 2010 at 3:24 PM

    @8
    all 3 were glitches in the matrix. fixed the glitch. problem solved.

  14. Posted by guest | March 12, 2010 at 3:24 PM

    @11/MC you’d think? but instead he’s all Lehman all day today.

  15. Posted by Anonymous | March 12, 2010 at 3:26 PM

    @8 hmm, pretty sure the common thread among those writers was that they sucked, which is most likely why they’re no longer.

  16. Posted by Anonymous | March 12, 2010 at 3:26 PM

    @8 hmm, pretty sure the common thread among those writers was that they sucked, which is most likely why they’re no longer.

  17. Posted by american bandersnatch | March 12, 2010 at 3:27 PM

    @3 – Bullsh)t!. Do you know nothing about finance? Credibility is directly correlated with ability to benchpress. No one will take the Green Lantern seriously until he cuts the sleeves of his sweatshirts and hits the gym.

  18. Posted by Anonymous | March 12, 2010 at 3:30 PM

    Ok, ok, I will come clean. I have had sex with Barry Manilow on more than one occasion.

    I am Dennis Kneale and I have had sex with Barry Manilow

  19. Posted by Mitch Cumstein | March 12, 2010 at 3:38 PM

    13,

    Oh, believe me when I say I’m well aware. T-Bone Gasparino punishes my stream harder than his own pectoral muscles.

    http://twitter.com/CGasparino

  20. Posted by Anonymous | March 12, 2010 at 3:44 PM

    The lack of respect for Mr. Gasparino on this site is appalling. Without Gaspo, Cramer, Pandit and Nails, the financial world as we know it would simply not exist.

  21. Posted by Tax Chick | March 12, 2010 at 3:53 PM

    @8 – my recollection is that Yael was borrowed from one of the other sites. Greg was an oozing eye sore and not a reflection on Bess. Though the insults were fun. And Shazam defected to England or something. Still listed, but his posts have been MIA for some time.

  22. Posted by zach galifinakis | March 12, 2010 at 3:54 PM

    mark this under who gives a s**t
    -ZG

  23. Posted by volatilitysmile | March 12, 2010 at 3:55 PM

    @19 – maybe it would have been a better world? Time travel? I am working on it, damn it, but bloody pills don’t bloody work as expected.

  24. Posted by volatilitysmile | March 12, 2010 at 3:59 PM

    @ Tax Chick (20) – Greg was so bad, he was almost good. He’s also responsible for the twin bed sharing, double-dutch-rudder fantasies of my soulmate NS involving something called Versace briefs. Hard to beat.

  25. Posted by Anonymous | March 12, 2010 at 3:59 PM

    TLDR, EP. TLDR.

    Babe, pig in the city.

  26. Posted by NakedShort | March 12, 2010 at 4:01 PM

    Our Family Wedding tonight….I CANT WAIT!!!!!!!!

  27. Posted by Anonymous | March 12, 2010 at 4:04 PM

    Dear @23/VS -
    I agree with you. You have to work hard to be as bad as Greg was. It takes some talent in a peverse way.
    That douche.
    Love,
    Greg’s Mom

  28. Posted by volatilitysmile | March 12, 2010 at 4:06 PM

    @25 – yup. And I am bracing for the Hat Matter – I am barfing at the thought, but heir #1 WANTS. TO. SEE. IT. IN 3D. Again…

  29. Posted by A. Melmotte | March 12, 2010 at 4:13 PM

    Gasbagarino got used by Dick Fuld. Period. Access journalism has definite limits, and Gassy found ‘em. At the time this interview was run, he was Fuld’s bitch. Einhorn, Ritholz and others were right, and Gassy owes them an apology. If he does apologize, then he’s a bigger man than we thought.

    Watching this again, the fatass from the FT doesn’t come off too well, either. Needs to get out and cover some stories and spend less time in behind his desk eating cheeseburgers.

    And Dennis Kneale? Lightweight. Featherweight.

    ‘nuf said.

  30. Posted by CoveredLong | March 12, 2010 at 4:15 PM

    I too really miss the Greg days…Bess, would it be too much to ask to have a Greg day…where for one day only, he comes back to bring Jeff Macke and gang out of the woodwork. He can use all his classic ‘go to’ pictures, disgusting surgeries would be referenced, and the posts would be ignored in order to skip straight to the comments….ONE DAY, that’s all we ask.

  31. Posted by NakedShort | March 12, 2010 at 4:16 PM

    @27 I got her to agree to swap Our Family Wedding for Hot Tub Time Machine. But if there is one thing I’ve learned the only people on this planet that can break iron clad legally binding contractual agreements are pregnant women and Barry O.

  32. Posted by Tax Chick | March 12, 2010 at 4:18 PM

    NS/ VS – my condolences.

  33. Posted by warrenspector | March 12, 2010 at 4:21 PM

    this and the articles he wrote for trader daily BLOWING fuld/cayne make him a fucking cumgargler

  34. Posted by Anonymous | March 12, 2010 at 4:24 PM

    @29 – Ahhh the good ‘ole days of vagioplasty, Big Baby Jesus and crew stewin in the hot tub with Ms. Michaels, making Blanus buy lube and then getting ridiculed by Jeff Macke on crack. Those were much simpler, innocent times.

    -Not guest, but a fan of his work

  35. Posted by volatilitysmile | March 12, 2010 at 4:27 PM

    @ 30 – my initial reaction (first sentence) was – he can’t fall for that. When @ da movies, she’ll force the wedding onto the poor Naked Soul. It would be wise to be like the French and abdicate without shedding blood/suddenly “stumbling” in front of a Chanel store on Saturday morning.

  36. Posted by guestapo | March 12, 2010 at 4:28 PM

    @29 i’d really enjoy a reunion of the crickets

    Chirp

  37. Posted by Anonymous | March 12, 2010 at 4:33 PM

    You can all blow it out your ass if you think I am ever coming back. I got hosed worse than Erin C’s hot ass by that fireman dude.
    Fondly,
    Greg

  38. Posted by Greg Michaels | March 12, 2010 at 4:35 PM

    Why don’t you all suck my dick, you fucking losers. CoveredLong, get fucked. NakedShort, get fucked. Tax Chick, get fucked. Volatilitysmile, get on your hands and knees like you’re looking for your GED certificate.

    GM

  39. Posted by CoveredLong | March 12, 2010 at 4:48 PM

    BLANUS!

  40. Posted by volatilitysmile | March 12, 2010 at 5:03 PM

    @37 – I am lost – what is a GED? Anyone? Although, the thought of getting on all fours OVER Greg sounds like fun.

  41. Posted by Greg Michaels | March 12, 2010 at 5:17 PM

    @VS,

    Former: exactly. Latter: what are you, a Republican?

  42. Posted by Tax Chick | March 12, 2010 at 5:22 PM

    @VS – oh my god, I think it is GM. His posts make as much sense as his early writings.

  43. Posted by Greg Michaels | March 12, 2010 at 5:30 PM

    @Tax Chick,

    You really want to go there? I was privy to IP addresses. Do you find it stressful logging in and out of 2 accounts to post? To offer flirty responses to your alter-ego, Cluzo?

  44. Posted by Tax Chick | March 12, 2010 at 5:31 PM

    @GM – thank you, I rest my case… you are the real deal: an idiot.

  45. Posted by watchmen | March 12, 2010 at 5:31 PM

    Topside of this column is about Charles Gasparino…..how do you assholes turn it into a chat room?

  46. Posted by Greg Michaels | March 12, 2010 at 5:37 PM

    @Tax Chick,

    I may be an idiot, but you still work at C. Seems as though I’m doing pretty well for myself, in comparison to you.

  47. Posted by Tax Chick | March 12, 2010 at 5:43 PM

    @GM – You’ve been canned and still come back to hang around your former job…. who’s the loser?!

    @Watchman – you are guilty of the same. Post something amusing about Sir Garglesalot and his immense ego and ignore the balance of the thread.

  48. Posted by Guestapo | March 12, 2010 at 5:58 PM

    On a scale of 1-10 I find tax chick insanely gullible.

    - not Greg But certainly the ’12′ that owned TC earlier in the week.

  49. Posted by Anonymous | March 12, 2010 at 6:09 PM

    @45 they do this shit almost every Friday night.

  50. Posted by Greg Michaels | March 12, 2010 at 6:13 PM

    @TC,

    You honestly want to insult me, when your firm cut costs by banning color printing and cutting down on black car service??

    Here is my suggestion: walk onto Greenwich from your office, hail a pedi-cab, and meet me at Hogs & Heifers for 2 well vodka-sodas. Your sports bra might even end up on the wall if we go for 3.

    GM

  51. Posted by Tax Chick | March 12, 2010 at 6:22 PM

    @GM – I tire of your idiocy. I’m off for drinks with real men. Enjoy your evening of scaping bunions off your mother’s sow-like feet.

  52. Posted by Bernie M | March 12, 2010 at 6:56 PM

    Tax Chick is a joke in the industry.

  53. Posted by Biff Ba$$ne$$ | March 12, 2010 at 7:14 PM

    Greg, you have some spunk in you. What happened?

  54. Posted by Anonymous | March 12, 2010 at 7:16 PM

    Tax is not an industry. It’s a venerial disease.

  55. Posted by big daddy kane | March 12, 2010 at 7:19 PM

    bberry comment works?

  56. Posted by volatilitysmile | March 12, 2010 at 7:39 PM

    Greg, really, it’s not a big deal, we all miss you.

    Like Kubrick movies, you are an acquired taste.

    I happen to have a fond weakness for you, trying to do a half decent job besieged by ten vodka gimlets and what not.

    Please let’s not make it about who is more sexually deviant – you lose by default.

    Now, you raise a valid question – why would I care about a GED when indeed I have demonstrated I can write like a seven grader? Plus, I went to a Gymnasium in Freiburg, BRD. It’s called Abitur and shit. As far as being a Republican – I was a Democrat until I turned 25 but then brain took over from heart.

    enjoy the drinks.

  57. Posted by Stu Gotz | March 12, 2010 at 10:49 PM

    Vodka this, gimlet that. Drink some f@#king brown liquor, you sissies.

  58. Posted by Greg Michaels | March 13, 2010 at 2:07 AM

    @VS,

    Yes, well, I couldn’t resist revisiting this cesspool of commentary. Most days, I’d rather exit Dunkin’ Donuts and fall through a hole, rather than read your garbage. But alas, masochism is a somewhat cathartic exercise.

    If you don’t understand/”get” Kubrick films, or if said films formed an “acquired taste,” you’re lacking class. You disgust me. Perhaps Bill Stiritz would suit you. Viddy well, little brother. Viddy well.

    Gimlets: unless you’re Bess (and only Bess) or wear knee-pads, unacceptable. See 57. Take a lap, and do 14 pull-ups, you fat fuck.

    Freiburg: so you either a) smell like sausage; b) enjoy fisting with black latex gloves; c) listen to house music; d) enjoy women named Helga, wearing sauerkraut scented deodorant; or, e) were a military brat whom constantly sought approval from random strangers, as friends were seldom/few with all the moving.

    The inevitable choice is, regardless, just plain sad.

    Republican: an allusion. Try to keep up.

    Lastly, don’t get snippy with me, you little bitch, because you’re passing the buck on the screaming you received from your sexually dormant MD all week long (you made him that way, after all). You made shit money this year, while I blew you away trading ETFs. BEFORE THEY WERE SO FUCKING HOT. You know what that makes me? A TREND SETTER. You know what that makes you? A BOTTOM FEEDER. You’re weak, and you stole your name from BARRON’s Finance. Pretty sad. Pretty pretty pretty sad. Particularly from such a small, small man.

    Signed,

    Greg

    MB-P

  59. Posted by Greg Michaels | March 13, 2010 at 2:14 AM

    @Tax Chick,

    Well, I’d rather die of AIDS than work for Citi…so, you’re on the right track.

  60. Posted by volatilitysmile | March 13, 2010 at 8:09 AM

    Typical lack of reading comprehension from you, George Michael (@58).

    You got a couple of things right, though: I do like house music, and I enjoy fisting you with black latex gloves, while you are servicing my gefillte fish-smelling member (avec de resistance).

    As far as screaming at work – I do the screaming, my little sunshine, as you and your ilk are making me barf in my mouth each time you say ETF. Yours truly has been short vol. last couple of quarters, so the pay checks (that, unlike like you, alas, I don’t need) have been more than I was bargaining for. The deferred/based on collaboration portion sucks, especially since a collaborator has the connotation instilled by ‘Allo ‘Allo (you viddy up, giddy).

    You are way too junior to even comprehend why you are reading the cesspool of comments (same reason I do), so back to school to get a masters (nothing artsy, or I’ll vomit again) in something that teaches you cognitive skills. I’ll simplify it for you again – it is a stress relief; some guys are truly funny; Bess has outbursts of, to periphrase, unleashed inner bitchiness. Plus, I don’t have to read your (or someone else’s brilliant) pathetic memos requesting capital allocation to produce (Barron’s alert) negative alpha (point in case, and case in point: Friday, 11 AM; y=-0.156…).

    You are perfectly right – you are sad and pathetic, indeed… Posting replies to a blog comments section at 2:07 AM – from, I presume, your rented shit-hole, because you couldn’t close on a Friday night, winner?

  61. Posted by watchmen | March 13, 2010 at 4:24 PM

    TAX CHICK who the hell ever you are……..GET A LIFE

  62. Posted by Greg Michaels | March 14, 2010 at 1:19 AM

    @VS/60,

    Typical that you’d confuse me with George. Too many nights spent in Club Tropicana with your beard? Do you blow trumpets in the pool?

    “I do like house music, and I enjoy fisting you with black latex gloves, while you are servicing my gefillte fish-smelling member[.]” Too German, yet thorough for your pedigree.

    “The deferred/based on collaboration portion sucks, especially since a collaborator has the connotation instilled by ‘Allo ‘Allo (you viddy up, giddy).” Please elaborate.

    There are quite a few references to vomit in your comment. You alluded to being German (or studying in the land de la über alles), but the films you view seem much more Japanese. Please elaborate.

    “Plus, I don’t have to read your (or someone else’s brilliant) pathetic memos requesting capital allocation to produce (Barron’s alert) negative alpha (point in case, and case in point: Friday, 11 AM; y=-0.156…).” Fancy terminal!

    “Posting replies to a blog comments section at 2:07 AM – from, I presume, your rented shit-hole, because you couldn’t close on a Friday night, winner?” And you posting comments at 8:00 A.M. on a rainy Saturday morning says exactly what about your machismo?

    In closing, please feel free to contact me via my personal email ( gregory.micháel.etf.real-deal@gmail.com ), if you want some actual investing strategies for your portfolio.

    You’re fucking pathetic.

    Greg

    MB-P

  63. Posted by volatilitysmile | March 14, 2010 at 7:56 AM

    @62 – two comments:
    - with two kids, 8:00 AM is the only time I could check on your logorrhoea.
    - masculinity after 30 is defined as being able to withstand sitting through Remember Me or Our Family Wedding, pretend you care, and trade up (quid pro quo) when opportunity presents itself.

    Conclusion: have fun with your etfs and definitely a) lay off the double shot short lattes b) get laid more often. I will rather stick with what I do since I’m above reference index on Morningstar for any period since inception but for one month. Now, if you excuse me…

  64. Posted by Greg Michaels | March 14, 2010 at 10:05 PM

    @VS/63,

    Morningstar? You seriously invest in a vegetarian food company during a Dem. controlled Congress & Executive office? Congratu-fucking-lations! You’ve made it big. Hint: Gold might be a tremendous opportunity in the next year.

    Give my best to the kids and wife.

    Greg

    MB-P

  65. Posted by Anonymous | June 22, 2010 at 4:04 PM

    riholtz is garbage and anyone who listens to him is a fool.

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