Broad, Geffen not buddies

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.”


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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