OLD Media Moves

CNBC's Gasparino in tiff with NYT's Sorkin over book passage

October 21, 2009

John Cook of Gawker writes that CNBC‘s Charles Gasparino is upset about a reference to him in the book about the Wall Street turmoil of the past year by Andrew Ross Sorkin of the New York Times.

Cook writes, “For all his bluster, Gasparino can be a bit thin-skinned. His primary beef with Sorkin is over this passage from Too Big to Fail, in which Sorkin quotes Goldman Sachs CEO Lloyd Blankfein’s thoughts on Gasparino’s reporting:

While the 53-year-old Goldman C.E.O. kept a television in his office, he was so disgusted with what he believed was CNBC’s Charlie Gasparino’s “rumor-mongering” that he had turned it off in protest. “That’s not my thing,” he told [Morgan Stanley CEO John] Mack. “I don’t do TV.”

“Do not call Charlie Gasparino a rumor-monger, or quote someone else doing so. He doesn’t like it! Especially when it appears not to be true: According to Business Insider, a Goldman Sachs spokeswoman confirmed the anecdote about Blankfein turning off CNBC, but said ”rumor-mongering’ is not a direct quote.’

“Gasparino was so broken up about the alleged misquote that he had his lawyer send letters to Sorkin’s publisher Viking and to Vanity Fair, which reprinted the anecdote in an excerpt this month, demanding corrections.”

Read more here.

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