Obama’s first stop Sunday, at a private residence, is a little unusual. He was scheduled to join former President Bill Clinton to meet with a small group of high-dollar donors who have “maxed out” on their contributions. The event was closed to the press and Psaki, as is usual practice, would not disclose names.
“It’s a thank you event for a small group of donors,” she said.
Before the musical fundraiser Obama attended an event at the home of DreamWorks Animation chief Jeffrey Katzenberg, a high-profile Democratic supporter. Ex president Bill Clinton was also present, with some 12 people.
Afterwards he headed for a fundraising dinner at the WP24 restaurant run by Austrian chef-to-the-stars Wolfgang Puck, attended by some 150 guests paying $25,000 (roughly over $2 million) each.
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BY: Washington Free Beacon Staff
May 10, 2012 3:28 pm
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 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.
The SEC investigation seeks to determine whether DreamWorks made illegal payments to Chinese officials in order to obtain the right to produce and distribute their films in the country. While DreamWorks has denied White House involvement in facilitating the deal, reports have confirmed that Biden and U.S. Trade Representative Ron Kirk were personally involved in a parallel negotiation with the Chinese government to increase the number of films that Hollywood studios could release in China’s tightly controlled and censored domestic film market.
http://freebeacon.com/co-host-of-obama-hollywood-fundraiser-under-sec-investigation/
Is this the SCANDAL that is brewing?? If so, NOTHING will happen....NOTHING!!