Some people are such founts of generosity that on their birthday, they think not of themselves and what they will receive, but rather of how they can brighten the days of others. Charles Gasparino is one such selfless, gallant human being. On this special day, January 28th, the 50th anniversary of his entrance into the world, Mr. Gasparino has chosen to present us with a priceless gift: the secrets of his success. Print them out, mark them up, use them to advance your own cause, or simply give thanks to the god of journalism for his magnanimous spirit. Read more »
“I wonder where Charlie Gasparino does his grocery shopping” is a question many people have surely asked themselves on many occasions Lucky for them, today finally brings an answer. The Fox Business reporter was interviewed by “Bronx Times” about his very early boyhood days in the borough, which apparently made a lasting impression on him, despite having moved to Westchester when he was six.
“[The Bronx] was my home away from home basically when I was a kid, up until I was twenty and then I went away to graduate school,” Gasparino says. “My wife is from Brooklyn, but I used to tell her instead of going out to Brooklyn, there are some great restaurants right here and we started going back. Even rather than going to Arthur Avenue I used to go to Throggs Neck. The places I’ve been shopping – I mean Pastosa Ravioli has been there since 1980 – are the easiest three places to shop for really good food: Pastosas, that meat market, Ritchie’s, and that fruit and vegetable store and you get everything you need. And I still do it once a week. If he had to dream up the perfect meal, Gasparino said it would all come from Throggs Neck.
In addition to dropping food-related wisdom, elsewhere in the article CG discusses what his time in the Bronx taught him about life (“you understand…economics plays a role in the way people act”) and offers advice to aspiring journalists (“get literate”). One thing he doesn’t mention? Read more »
So far we’ve got: Read more »
“My survey of Wall Street executives [shows] Jack Lew in the running for this job…They think that he’s the most likely guy to be Treasury Secretary at least that’s according to the people I talked to: major Wall Street CEO’s and executive suite players that I deal with…The other guy that’s out there is Larry Fink CEO of BlackRock. I will say this, Larry Fink is a guy I know very well. I consider him a friend. The upside to Larry is clearly that there is no smarter guy on Wall Street that I know right now. He really understands the business…I think Larry wants the job. The negative is that he is really associated with the Wall Street crowd. That is something that I don’t think the Obama administration would go for.” –Charles Gasparino, close personal friend of Larry Fink [FBN]
“Even so, it’s hard to take Weill seriously. First this is a man with an ego the size of the bank he created. People who know him say he needs media attention like an alcoholic needs a stiff drink, and he’s gotten precious little of it since retiring from the banking business six years ago.” [HuffPo, earlier]
Point: “The latest urban legend to spread on trading desks and through the executive suites on Wall Street goes something like this: coming this fall, as President Obama makes his final push for a second term, his Justice Department will finally give the public what it wants in the form of an arrest of a major Wall Street figure for his role in the financial crisis. The men at the top of this “October Surprise” list are two of the more infamous figures in the banking business: former Lehman Brothers chief executive Dick Fuld and current Goldman Sachs chief executive Lloyd Blankfein. Using the Justice Department for political purposes is, of course, pretty sleazy.”
Counterpoint: “…But after speaking to my law enforcement sources — and you can throw people who work at the Securities and Exchange Commission and the Justice Department in this category — I give low probability for this urban legend coming to fruition.”
Regardless: Read more »
Gasparino: Let’s get something straight right off that bat– 6 months ago, someone at your firm wanted to kill me…you don’t want to kill me, correct?
Gorman: Charlie…I don’t want to kill you…I don’t think they did either.
Gasparino: I don’t blame them if they did…given my reputation with PR people. So thank you for coming here, checking your guns at the door. Read more »
Late last week, investigative reporter Charlie Gasparino came out with a bombshell story: after reading former employee Greg Smith’s allegation that he’d seen and heard colleagues refer to clients as “muppets,” the British term for stupid people, the firm launched an investigation into the claim (e.g. searched emails for said word). On Friday, Gasparino breathlessly reported that while Goldman did find some muppet mentions, they referred to the Jason Segal film and were not malicious in their intent (quoth CG: “GS found no evidence of malicious muppet talk in emails”). While a lesser journalist would have been content to take the source at his or her word, Charles Gasparino is no such journalist. He get kept digging on this one and now, amazingly, has more to add: Read more »
During the financial crisis, the markets were on edge. This was before the big firms blew up, I remember saying on the air, “Well, you’re going to get some commentary from teh ratings agencies.” The companies that were insuring all the big banks just didn’t have the money to insure them. So basically they all lost their triple-A ratings. I said that and the market moved 200 points. I remember walking into San Pietro, a restaurant in Manhattan where a lot of these guys had lunch and I saw Jack Welch, who came up to me and said, “Charlie, you’re doing great but watch this whole notion of moving the markets. Just watch it or you’ll get your brains blown out.” I said, “Literally?” He said, “No, but it’s a dangerous, dangerous thing.” [New Canaan-Darien Magazine]