Charlie Gasparino

FOX Business Network [FBN] Senior Correspondent Charlie Gasparino reports “Charles Schwab is eyeing MF Global's retail futures business.” While no price has been quoted, Gasparino is reporting “it is going to be near zero” and “MF Global could be paid a performance fee.” Excerpts from the report...

In a tweet, Fox Business reporter Charlie Gasparino said that MF Global (NYSE: MF) is in a "mad dash to sell assets" as the firm is getting dangerously close to falling. Gasparino also said the bet is that the firm can not survive the weekend. Benzinga contacted a spokesperson for MF regarding...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that the attorneys for Galleon Group founder Raj Rajaratnam are plotting to appeal Rajaratnam's insider-trading conviction because “the way in which the government went about getting the wiretaps has been controversial.”...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that, “The financial services committee run by Congressman Spencer Bachus plans to hold hearings on the Volcker rule's impact on Wall Street sometime in November.” Excerpts from the report are below, courtesy of Fox Business...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Wall Street firms are conducting a “massive review” of their “compliance procedures following the UBS rogue trading scandal.” Sources tell Gasparino Wall Street firms are conducting this review “not just because of the...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Morgan Stanley CEO James Gorman is “telling people to lower their expectations about 2011 bonuses” indicating to employees that bonuses “will be down from last year dramatically and some Managing Directors, the highest paid...

FOX Business Network Senior Correspondent Charlie Gasparino reports that “firms like Blackrock, big money management firms” are “reaching out to European leaders calling for some way to support the banks in Europe right now.” Gasparino reports these firms are calling the plan an “enhanced liquidity...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “lawyers who work for some of the people under scrutiny” for insider trading are “bracing for another round charges.” Gasparino went on to say the charges are “likely to be criminal because the U.S. Attorney for the...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that while “the SEC and U.S. Justice Department are unlikely to bring charges” against Lehman Brothers “New York State Attorney General Eric Schneiderman is ramping up his investigation of the Lehman Brothers bankruptcy.”...

Convicted Ponzi scheme architect Bernie Madoff responded to FOX Business Network's Charlie Gasparino's story which pointed out the lies that Madoff continues to spin from his prison cell. Madoff's response came via “lengthy and somewhat rambling emails,” in which he not only refuted Gasparino's...

During a six-week long interview process, convicted Ponzi scheme architect Bernie Madoff discussed his crime, insider trading on Wall Street, life in prison and his family relations with FOX Business Network's (FBN) Charlie Gasparino. Madoff states that insider trading “goes on at every major firm'...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports amid rumors that Bank of America CEO Brian Moynihan “is under tremendous pressure to turn the stock around or he will have to go” Moynihan's publicist said “talk of Moynihan's departure is ‘dopey'.” Excerpts from the report...

FOX Business Network (FBN) Sr. Correspondent Charlie Gasparino reports that Wall Street is expecting a clarification from Senator Reid following his earlier comments that banks are not lending. Senior bank officials told Gasparino “what Reid said is false,” and that “there is no change in bank...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “money management firms are completely unprepared for anything lower than a AA rating downgrade.” He also said that if the United States credit rating does go below a AA, we are going to see a “dramatic market implosion...

According to a report from Fox Business Network's Charlie Gasparino, President Obama has been privately telling top bankers that the United States will not default, even as he steps up his rhetoric over the debt ceiling negotiations. While the Obama Administration cannot be sure that a deal to...