LA Biz Observed
 
Bio • Email • Archive
 

 

The December Vanity Fair profile on Eli Broad gets into his not-so-wonderful relationship with David Geffen - and helps explain why their efforts at buying the LAT might be turning personal. E&P lays out some snippets about the piece (not available online).

-Broad on a "dustup" with Geffen in 2000 over efforts to bring the Democratic convention to L.A. : “I’ll tell you what happened, I got all the press, that’s what happened. And why did I get all the press? I was there.”

-David Geffen on the same controversy: “Eli Broad seems to need attention. I prefer to avoid it.”

-A source close to both billionaires: "“There’s no way to put them together. What makes David mad about Eli is that Eli talks to the press about him.”

-Former Los Angeles Mayor Richard Riordan: “These two guys both have to be boss. Has Eli become more collaborative over the years? I guess. But I know he still believes you need what he calls the owner, the boss, who can make the quick decisions that have to be made without going to a committee or board.”

> | More
© 2003-2011   •  About LA Observed  •  Email the editor
Mark's latest news
and commentary
 
 
LA Biz Observed
by topic
Economy and jobs
Media, books & Hollywood
Politics and labor
Travel, food and life
Technology
Land and real estate
Wealth and poverty
 
 
New at
LA Observed
 
6:50 PM Thu | Largest crowd for a Walk of Fame star ceremony that many could remember, outside the Capitol Records tower on Thursday. Photo by Gary Leonard.