Sandy Weill and CNBC's Gasparino are not friends
Don’t invite former Citigroup CEO Sandy Weill and Charles Gasparino, a former Wall Street Journal reporter now at CNBC, to the same party, according to a story in the New York Post. Weill has made comments in his new book about Gasparino’s reporting that has the journalist hiring an attorney.
Suzanne Kapner wrote, “The latest flash point is Weill’s recently published memoir ‘The Real Deal,’ which in several passages seems to cast doubts on the accuracy of Gasparino’s reporting for The Wall Street Journal about Attorney General Eliot Spitzer’s investigation into conflicts of interest at the large brokerage firms.
“Gasparino, now a commentator on CNBC, is so incensed by statements that suggest he took information out of context or reported facts selectively to ‘fit his preferred story line’ that he has hired a lawyer, who last week fired off a letter to the book’s publisher, Hachette Book Group.
“‘The argument could be made that maybe Sandy Weill fixates on Charles Gasparino as the source of his problems, and maybe there is some malice there,’ said Mark Schwartz, the Bryn Mawr, Penn., lawyer representing Gasparino.
“Calls to Weill’s office at Citigroup, to his literary agent, David Black, and to an outside public relations consultant were not returned.”
Read more here.