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Well remember -- -- up.
Can we want audible here we're gonna talk to Charlie Gasparino right now but this just broke from the Wall Street Journal that -- -- traders at least a group of them.
Are going to be banned from using Bloomberg's chat in the Bloomberg terminals because -- worried.
That there is some kind of snooping going on by the reporters that they are not now convinced.
-- I think.
There's a degree of a tempest in the teapot to the story I will say this though.
That Wall Street firms in themselves -- complaining about Bloomberg and the notion of snooping for very long time for example I was speaking with.
Let's just say a very high ranking former Morgan Stanley executive problem -- -- and we probably -- food is from from my description.
And about you know five years ago when Morgan Stanley -- Smith Barney the brokerage firm.
They had a fairly extensive.
Chat but about a hundred senior executives.
Reporter was in on that chat.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Did this executive went complaint to Matt will include the managing editor of Bloomberg who Matt went to says in city you know you've got sexually snooping going undercover.
-- -- -- said well that's who we do we snoop.
The according to this this executive.
There is something that Wall Street has a problem with it now do like snoop yet you know me home -- -- around all the time trying to get stories.
Probably where -- -- draw the line I don't -- into people's phones you know I don't lie about my identity.
I don't think I would have to think -- I don't think that I would if I got that number.
I would just call and -- and I think -- I think I think.
I would basically.
-- explained why was and I'm refused to get off the phone.
But if you say for example that we don't have jobs at News Corp.
the parent company of this network -- -- Jones newswires and there are other.
At that certain businesses that certain companies subscribe to -- -- Jones.
We're pretty sure that we don't go win there and start looking to see what there observing and what is predicting that in -- reason why I think some loses -- is if you teapot because some of the stuff that that you can obtain on the Bloomberg.
You know system terminal terminal is pretty Monday and neophyte.
You know knowing.
Yeah I can't find out if you trade talks ahead of the Goldman Sachs as I just metals division okay and he starts and all these Wall -- -- between that and and -- palladium -- -- start looking up palladium.
Did they -- -- I don't think you can get that.
Yes you can't -- you can get anything no you're wrong you are absolutely wrong you cannot get naked photos -- -- you cannot you cannot get that level and get granular detail you get.
That maybe he's looking at stocks but even though he invests in stocks.
You don't know exactly what stocks in prison that's the problem but I will say this -- the Wall Street has planning complaints about Bloomberg.
Lots of complaints about Bloomberg in terms of them snooping.
I DR gray lines here -- I said listen.
I I got the biggest interview wannabes into CNBC -- your financial crisis would -- we would Eliot -- blew up in the prostitution scandal.
I figured out that can lingo and Dick Grasso we're going to be at a restaurant a certain time and I scent I call that -- run up to me just to make sure.
And I said my name's Charlie Gasparino.
And say where it was fun.
-- I'm just want to check if this if this at this dinner that I knew was there is going to be there a call report and you know what she said yes this to get spent 730.
And I sent.
Two to Tyson produces down -- where.
I knew they were gonna get that lingo would go nuts because that's -- he is.
And we got now.
Dick Grasso thought I was a little duplicitous but remember I never wife who -- was.
I said who I was and I just asked what time up front I was up front I hit it didn't hack into the restaurants reservation I -- say I didn't say -- -- Joseph below.
You know looking for for Dick Grasso I actually said what was so I think the problem with the Bloomberg thing.
This is what you're hearing normal for -- -- maybe -- sour grapes we got to hear their side of the story don't -- you greet reporters at Bloomberg.
Is that the Wall Street people think they are at times somewhat complicit it's just this whole conversation we're having about.
Getting in on that phone calls I I don't know if I would do that without an -- of myself.
That I would defeat the purpose of listening to it but I don't know if I would.
Necessarily just -- -- and not say you know it's Charlie -- -- just to sort of I don't know -- it's a judgment call thank you very much but the point is that now city is having a bunch of traders banned from even looking in certain parts of the Bloomberg terminal chat rooms because they don't wanna be.
Found out by the reporters are at least -- -- they think -- that they think this goes beyond.
Which you just -- -- as mundane stuff about you know being able to do giving insurgents.
But you know who knows I don't think so I think I think I think -- these Wall Street firms just.
It's time to beautiful bluebird I think there's a degree -- that is a political shot -- here of a shot.
Is that what's called a majority of the Wall Street firms wanna be up -- reporters.
At some shots threat against some good reporters you know 36 --
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