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FBN’s Charlie Gasparino on Goldman Sachs CEO Lloyd Blankfein’s media interviews in an effort to improve his image.
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Talk to any company that has -- dealt with this kind of thing not yet -- you talked.
What is that this kind of thing just see -- that's right it is really is -- -- -- you -- some Mexican you're needing some Mexican officials to.
I am I'm going to lay a reception where the tourism minister of Mexico will be there and -- this -- in.
This and they're great people there -- -- the nicest people they run of every type operation that let me just let me just put it this -- -- defending what went on here.
Or seducing me given a campaign contribution to some congressman.
For a meeting when he's on a committee about -- -- expected to approve a project and some of -- stuff now Mexico.
It was -- it -- crime from -- other issues there but some of the you know with what's described as.
You know I wouldn't go that one guy saying -- Paper and a lot to -- the campaign Contra contributions all the money money mother's milk of follow politics I mean it's the this stuff goes on all the time about 2.4 million in bribes foreign.
Corrupt practices but let's get to the sort of formula that's it.
Well you could argue that's it or you could argue that other competitors down there could -- -- with that are let's get to your story today.
What advice that I forgot a whole -- like really is that Goldman charm offensive working Charlie Gasparino has the latest Charlie.
Oh yes it is okay Ron Burgundy very well done yet that -- thank you.
That's -- that's I don't -- I mean let's face it Lloyd Wright Blankfein did a did a little mediatory yesterday right.
Charm and all the journalists not want to have that -- -- that he could get away it would blow smoke up -- you know what and guess what happened.
It works that we should point out that this was carefully Korea choreographed -- we talk about this yesterday.
I went back and -- talk to analysts that cover Goldman somewhere critical someone I'd do the basics -- said yeah yes he was he was unveiled in limited.
Friendly TV audiences this this was not Mike Wallace to can be -- abuse or even -- so to speak.
-- but they give point Lloyd.
A tentative thumbs up.
-- what they liked about it and I think this is.
This is the work of he's on new PR guy you know -- was extended PR that's going -- sure -- -- Who was I think Geithner is chief counsel so he knows image yeah.
-- knows how to do this stuff I think within liked about it.
Is that he came across as an average guy and if you don't -- about Lloyd is I'm not getting didn't give -- I I take that as -- DO as a badge of honor because you know -- To go fronts like us here you we we will -- this tough questions.
And we don't we go beyond if you -- every other CEO doesn't yet.
The started to transform them of course right and and by the way we can't -- in a very nice way we -- -- to G -- you are we asking tough questions and.
I think this I think boys that example I agree and I think Lloyd will eventually -- -- -- get updated look at -- I'm getting comfortable now that he's got he's gone through with the with the with the triple a become what you come here for the major leagues and.
But they liked about him is that he appeared as an average guy you know Lloyd he kind of is an average -- -- that we didn't.
Now a Brazilian air but you -- came from the Bronx kid from Brooklyn Brooklyn housing projects.
And that was good and so they.
They they look at averages and some of the people noticed from the analyst on the -- -- when he was doing those and -- you TV who like or allotment data -- global.
News of Goldman Sachs.
Was just him in his shirt sleeves.
Talking to these guys that recently through pictures like this you know hey -- -- -- -- -- say something here.
A lot of people -- what -- some and I think it worked it this is that this is a tentative.
A talk a lot of people about this because I've.
Just like you we have wanted to Lloyd Blankfein on the program and somebody -- -- completely respect said he would be amazed.
At what a great.
Key all nice guy he has and I said that he should be out there showing it his PR doing have a dis service -- I'm not like he has come out there because I think the problem that Lloyd -- and.
Listen I also hear on him every opportunity and -- -- as you know I'm not up.
Ball -- to be honest with you when it when I am the guy front I'd give you your chance Cordoba -- ask a tough question.
And I think one of the problems is that you know Goldman was so adamant that they didn't need bailouts.
If they didn't need the money that the government game coming out of 2008 and the reason why they did that because.
They were making tons of money in early 2009 want to pay their people they and we wanna didn't wanna have to justify who have -- to get a bailout and you pay your people.
You know just doesn't look -- and you know the promise they couldn't make that sale because it's an on sellable thing.
The bottom line is -- and maybe didn't need ten billion that they gave them that can pull some game when when -- use force -- TARP down everybody's throats.
But they definitely needed the money they were getting from from AIG member by bailing out AIG.
You back -- bail -- Goldman because AIG.
On the wrote those insurance contracts on the toxic debt on Goldman's balance sheet so you.
They are able to pay those off.
So they really couldn't make that sale I think that's the -- that's right I would ask him that.
-- -- my first question is but among different questions -- you play that and roll and it picture if -- morning I know discusses more pregnancy yes we should just said.
Should just on what John Mack did it -- -- -- nobody said.
Thank you American taxpayer.
Lloyd utility the first question -- given her on the evidence you I've given up up up Charlie thank you.
Closing bell ringing in.
