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View Diary: David Geffen gifts $100 million to UCLA Medical School (19 comments)

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  •  I recently.. (3+ / 0-)
    Recommended by:
    VeloVixen, VClib, PatriciaVa

    ..saw a special on PBS about Geffen.

    Did you know he was once married to Cher?

    I didn't know that; he is gay yet was married to Cher.

    I just thought that was interesting.

     

    "You just gotta keep on livin man! L-I-V-I-N!" - Wooderson

    by wyvern on Fri Dec 14, 2012 at 08:14:06 AM PST

    •  And he rescued Calvin Klein's empire... (1+ / 0-)
      Recommended by:
      VClib

      ...by buying its junk bonds off the market, thereby giving him more time to turn it around.

      Later, when Klein told him that he was having difficulties, Geffen told Klein, and I paraphrase, you're a marketer, not a manufacturer.  So outsource all of your manufacturing overseas.

      He did, and Klein was able to eventually buy back the bonds from Geffen.

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. www.hamiltonproject.org

      by PatriciaVa on Fri Dec 14, 2012 at 08:55:22 AM PST

      [ Parent ]

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