The Other Losers: Hollywood Royalty Stung by a Sweeping Swarm of Election Defeat Bees


Bobby Shriver’s loss marked the end of a day that saw industry politicos’ favorites defeated and Republicans back in control of the U.S. Senate

From The Hollywood Reporter:

Tuesday’s midterm elections brought defeats for many Hollywood-supported candidates…Hollywood politicos turned their attention to Bobby Shriver, the industry pick to replace longtime Los Angeles County supervisor Zev Yaroslavsky, who was forced to retire because of term limits….

…The scion of American political royalty had received thousands of dollars in Hollywood campaign contributions in his effort to represent the Westside of Los Angeles and parts of the San Fernando Valley on the Board of Supervisors.

Bobby Shriver‘s campaign finance report read like a list of Oscar attendees. Among the donors: Katzenberg, Steven Spielberg, David Geffen, Oprah Winfrey, Tom Hanks, J.J. Abrams, Oprah Winfrey, Jerry Bruckheimer, Jimmy Iovine, Warren Beatty, Jessica Alba, Chris O’Donnell, Rob Lowe, Larry David, Ted Danson, Joan Cusack, Harvey Keitel and Michael Douglas.

Read the rest of this entry »

The Caste

Meet the men and women who really run the world

2012 Fortune Global Forum / AP


When President Obama greets Chinese leader Xi Jinping at the Sunnylands estate in California today, another, arguably more important meeting will be taking place across the Pacific Ocean, in the central Chinese city of Chengdu. The Fortune Global Forum, an invitation-only conference of Fortune 500 CEOs, Chinese elites, and fashionable journalists, began on June 6 at the Shangri-La luxury hotel along the Jin River. The forum concludes on June 8. If there is an event that better explains the feeling of estrangement and frustration and cynicism ordinary Americans feel toward the men and women who govern and manage them, I can’t think of it.

The “partners” or sponsors of the forum include some of the largest and most famous corporations and brand names in the world: Air China, Coca-Cola, DuPont, Lenovo, Volvo, McKinsey, J.P. Morgan, APCO Worldwide, and the George Washington University, among others. The CEOs and top executives of Burberry, AOL, McKinsey, Time Warner,, Honeywell, J.P. Morgan, SINOPEC, ConocoPhillips, Morgan Stanley, Johnson and Johnson, GE, Walt Disney Company, Dreamworks Animation, Novartis, Intel, Baidu, Qualcomm, Evercore, Starwood Hotels, and Royal Phillips Electronics will be there, as will dozens of top Chinese officials and businesspeople whose relationship to the Communist Party must play a not-unimportant role in their lives. Business journalists from Fortune and Time and Reuters will be there. The usual suspects of the global convergence circuit will be there: Jon Huntsman, Hank Paulson, Kevin Rudd, Joshua Cooper Ramo, Ken Lieberthal, Carlos Gutierrez, Christopher Dodd. Yao Ming will be there. So will Yu Wenxia, Miss World 2012, who may be doing more for Sino-American relations than the rest of the list combined.

The conference schedule is a snooze, unless your hobbies include reading up on Chinese energy independence. But summits are not really defined by their breakout sessions and self-serious panels. They are defined by the forging of what the Chinese callguanxi: connections, networks, relationships, bands of influence and power. I doubt, for example, that DreamWorks Animation CEO Jeffrey Katzenberg, who helps bankroll the U.S. Democratic Party, is overly interested in Håkan Samuelsson, the CEO of Volvo, droning on at a roundtable discussion on the future of transportation. But Katzenberg probably is very interested indeed in meeting Zhang Gaoli, vice premier of the People’s Republic and a member of its collective dictatorship, the Politburo, who opened the proceedings with a speech pledging economic liberalization. Zhang can help Katzenberg grease his way into the Chinese box-office, and hire Chinese animators at bargain wages. “I believe in the leadership here,” Katzenberg said in Beijing Thursday. Of course he does. They’ve made him filthy, stinking rich.
Read the rest of this entry »