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McClendon Topic of Conversation at Salt Conference

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  • Description

    FBN's Charlie Gasparino on what to expect at the Salt Conference in Las Vegas.

  • Duration 4:25
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Thank you are so if you were reading the post office which I know you extend shield I don't like data and news we're keeping the rural -- open offices open hole that's gonna cost a -- -- For another time.

Major players in business and politics are gathering this week in Las Vegas but the biggest hedge fund industry conference in the world -- -- insults.

And who else is there but our very -- Charlie -- brainer he joins us on the phone.

With the latest -- with.

Thought.

You know I just sort of diverged respect.

That's -- you know that you when you're in really good lewis' successor disposed I am.

That's true -- -- advantages and you post office optic about that.

-- I mean he.

I mean I just everything -- -- and tells that and more time in the gym or you're slicing and I think what they have -- -- -- Obama his health care you know yeah.

You know especially -- -- -- pollutants that put my buddy list I kids.

Save taxpayers billions I have some simple reforms in the post op Ed I -- -- get -- initiate you know I got one yeah new commitment now hold.

-- drinking an -- I assure you that.

I'm not -- now but I will be in about five -- and I didn't restore -- that is what is the best thing about this conferences.

I'm.

Didn't start from a rope Roman toga party but what's good about it is you do get to mingle with people wouldn't -- the wind and or or in my case Martinis.

And you get to see some of the top management people.

In the world some of the top people finance.

That we cover every -- that you know are involved -- some major major issues there are some celebrity's types here.

You know Sarah -- gonna speak -- On Friday.

Vice presidential candidate for governor of Alaska Al Gore former vice president it's gonna be given a private meeting tonight.

But I mean would make just to go for me is that -- Falcone of lightsquared right B gave the investor made its billions of sub prime crisis ran into a lot of trouble.

It would just that's just -- a -- lightsquared he's going to be given momentarily.

Some remarks we're gonna get we're gonna probably try to get -- -- that's -- out.

-- -- is here he's talking about is that these sort of attack on Yahoo! right idea and the CE OMR Thompson's.

So there is leadership including you know obviously that looks like he deeply pumped up or.

-- -- -- -- -- Behind the scenes lots of talk.

But I would go -- -- Chesapeake energy and everybody here's pretty Turkey the -- sorry that story I think.

As a potential to be fairly interest seen in this and I don't.

You'll be clear about it I don't think so let's -- contact the some of -- this company comes out in this CEO ordered according.

He basically disclose find its been disclosed that this guy has basically hedge -- on the side I'd never heard of that as CEO operating management on the side.

-- addition to that is all this talk about the -- highly leveraged.

And here's where I think it's -- -- be interest -- these banks you know the big Wall Street banks basically squeezed them for every.

Dawn -- on this leveraged and now you know this is a company that you know had a lot of problems go forward I mean it obviously produces product energy debt.

It's a necessity but you know you don't run your business well -- -- the stock has gotten crushed lately so that's -- story that I become -- -- -- a little more.

Been busy with stuff about -- -- global which I think one of the biggest stories that we as a business -- ever come ever couple when you have.

You know the and that's been talked about a lot here Jon Corzine you know was gonna it was still I mean it -- got facilities privately.

Some -- -- -- but he was still working on business deals.

Which -- you know towards even as the company was started -- the train was coming off the tracks.

-- some people here that would do with there will be with some it would try to do business with have been -- materialize for obvious reasons but you know -- of global Jon Corzine is a lot of talk about you as to -- right.

There are no charges you know you know yes maybe there's maybe the FBI is right yeah the -- that you know he the other can't put together -- -- looks like just mass confusion.

Lot of people here doubted they they're kind of along the lines what we Xbox business was were were first report.

There's a lot of political -- here every major investigative ADHD just about look at -- in this global.

As a tied to the -- to present Obama appointed or whatever Jon Corzine as you know to huge democratic contributed so that's something.

Stuff that's going on here I have to -- because -- among the trying to to drop my martini as the right out the door.

Read going to -- martini Charlie Gasparino thank you so much.

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