A little competition is good for consumers, right? If that's the case, it looks promising for consumers of cable business news.
Former CNBC on-air-editor, now the senior contributor for the Fox Business Network, Charles Gasparino vows to provide just that. Gasparino appeared on the Feb. 22 broadcast of FBN's "Imus in the Morning" and explained why he made the move.
"I always wanted to work for Fox," Gasparino said. "That was the bottom line. And it's, you know, I don't take chances with stories, but, there is an entrepreneurial spirit in me where I want to do something different. I would like to build something, be part of building something and that is why I came."
Even at CNBC, Gasparino was critical of President Barack Obama's policies, especially during the 2008 presidential campaign.He called Obama's tax plan "like throwing gasoline on the fire." Gasparino has used his New York Post column over the course of the Obama administration as a sounding board against the president's initiatives.
There has been some debate about which network, FBN or CNBC, that broke the Tiger Woods apology announcement - whether it was Gasparino or whether it was CNBC's sports reporter Darren Rovell. But Gasparino is still claiming victory over his new rival.
"You know, I left CNBC amicably but to watch them follow me 10 minutes later was one of the greatest thrills in the world," Gasparino said.
But Gasparino said he plans on kicking it up a notch with the competition. He likened it to a barroom brawl with some very graphic illustration.
"It was come in here and make life difficult for the competition, which is what I love to do," Gaspaino said. "I did it when I was there. I'm definitely going to do it when I'm here. Listen, I left there, you know, I read all the stories about me you know, ‘Oh, you had this or that issue.' That's not the case. I wanted to come here and I left extremely amicably. That doesn't mean I'm not going to rip their lungs out every day, or at least try to. They're going to beat me sometimes. I'm going to beat them sometimes, as I did with the Tiger Woods story. But, you know that's what this is about. It is my job to turn this into a barroom brawl with them, to scratch and kick and stomp them and they're going to do it me and I'm going to do it to them. It's get them to play my game."