Charlie Gasparino: “I Want To Turn This Into A Fight With Our Competition”

Charlie Gasparino may be one of the most high profile hires in Fox Business Network history, if only because he is so keyed into the business world, and previously was keyed in for CNBC. Since he’s come over two months ago, he has broken several big stories – including two Goldman Sachs stories last week that related to both sides of the aisle.

We spoke to Gasparino yesterday afternoon about Pres. Barack Obama‘s trip to New York, his trip to FBN and “MSNBC talking points.”

Mediaite: President Obama came to New York to give a speech near Wall Street about regulation reform. What do you expect the takeaway to be, and reaction to be from the street?

Gasparino: Well something I’m writing my next book on is that Obama has what was a cordial, close relationship with Wall Street, and the big firms. They gave to him like no other candidate. Goldman gave four times as much to the Democrats than they gave to the Republicans. But this class warfare stuff, they really don’t like. Here

’s the reality – they made a lot of money under this guy. He gave protections, “Too Big To Fail,” he was very supportive of a Fed Chairman with unprecedented low levels. I know for a fact the Obama Treasury was calling Wall Street firms to lobby Senators to vote for Ben Bernanke. Where he hasn’t done well is in the rhetoric, when he keeps attacking. But dollars to donuts they’ve done pretty well.

“They know they’re going to have to battle me every day, expend resources that they didn’t have to in the past.”

Mediaite: So can you tell me some more about your new book?

Gasparino: It’s called Bought And Paid For. It’s scheduled to come out next year, published by Sentinel. It’s going to be about the alliance between Big Government and Big Wall Street, and will focus on before the fat cat rhetoric started picking up. Wall Street did very well under this President. I’m going to explain why.

Mediaite: You wrote The Sellout last year. How has what’s happened with Goldman Sachs and the lawsuit fit into the points you made in your book?

Gasparino: A major point made in book is there is a sort of shadow market that no one understands. Say what you want about the SEC case, whether it’s weak or strong. What is undeniably true is Goldman has really sharp elbows, in the

context of it knows how to make a lot of money, and knows how to make it at the expense of their clients. A lot their clients are large, sophisticated investors who really didn’t know what was going on.

Mediaite: Pres. Obama quoted your exclusive about the senate GOP meeting with Wall Street execs during his weekly address. You called him a “satisfied FBN viewer” on Twitter. How does it feel to have that type of impact, specifically at FBN?

Gasparino: It feels great. Listen, my job here is pretty simple: to break stories that the other places wish they had. I wasn’t really even on the job yet when I broke the Tiger Woods news. I’ve been doing stuff like that since I got here. I want to turn this into a fight with our competition, Bloomberg and CNBC. I want to turn this into a battle. They know they’re going to have to battle me every day, expend resources that they didn’t have to in the past. That’s what I’m doing and that’s what I’ll continue to do.

>>> NEXT PAGE: The difference between CNBC and FBN, what his family thinks of Fox News (and some cursing).