President Obama’s record $15 million fundraiser tonight at the home
of actor George Clooney is being co-hosted by DreamWorks CEO Jeffrey
Katzenberg. In addition to being the largest single donor to the
pro-Obama Super PAC Priorities USA at $2 million, Katzenberg’s company
is currently under investigation by the SEC for allegedly bribing
Chinese officials.
The SEC investigation comes just weeks after Katzenberg announced this February that DreamWorks had struck a $2 billion deal to open a studio in Shanghai under the Oriental Dreamworks brand. The China deal was inked in a ceremony that featured Katzenberg alongside Chinese Vice President Xi Jinping, who stopped off in Los Angeles in February on his way back to China after a series of high-level meetings at the White House, including meetings with President Obama.
Katzenberg joined Vice President Joe Biden, Secretary of State
Hillary Clinton and the Chinese Vice President for a meeting that led to
the DreamWorks deal. In an interview with the Financial Times,
Katzenberg said the deal required Xi’s personal approval in order to
move forward.
read more: http://freebeacon.com/co-host-of-obama-hollywood-fundraiser-under-sec-investigation/
The SEC investigation comes just weeks after Katzenberg announced this February that DreamWorks had struck a $2 billion deal to open a studio in Shanghai under the Oriental Dreamworks brand. The China deal was inked in a ceremony that featured Katzenberg alongside Chinese Vice President Xi Jinping, who stopped off in Los Angeles in February on his way back to China after a series of high-level meetings at the White House, including meetings with President Obama.
read more: http://freebeacon.com/co-host-of-obama-hollywood-fundraiser-under-sec-investigation/
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