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While you've been packing the RV for that cross-country drive with the in-laws, the world's power elite has been jetting off to more exclusive sleepovers. Last week Hollywood and Wall Street names trekked to Idaho for the Allen & Co. conference, one of a handful of camps at which ambition burns hotter than any campfire. Our guide...

Author: /time Magazine | Title: Power Camps | 7/20/1998 | See Source »

...ALLEN...

Author: /time Magazine | Title: Power Camps | 7/20/1998 | See Source »

FOUNDED New York investment banker Herb Allen, who specializes in media deals, organized the conference...

Author: /time Magazine | Title: Power Camps | 7/20/1998 | See Source »

WHOM YOU'LL SEE About 300 of Wall Street's and Hollywood's most powerful and famous (and about 100 of their glittery offspring). This year: Rupert Murdoch, Bill Gates, Warren Buffett, Andy Grove, Barry Diller, Michael Eisner, Diane Sawyer (a longtime friend of Allen's), John Malone, Geraldine Laybourne, Diane von Furstenberg and Jerry Levin...

Author: /time Magazine | Title: Power Camps | 7/20/1998 | See Source »

...also not the most succesful. Murphy has had a string of well-received movies -- "Dr. Doolittle," "The Nutty Professor" -- since the transvestite scandal, and Allen has found success "Deconstructing Harry," among other things. For Albert, once the lead basketball announcer for NBC, local New York City radio must be a comedown. (He'll also be manning the sports desk for Madison Square Garden's cable network.) On the other hand, it's a big step up from oblivion. Remember Jimmy the Greek and Al Campanis, two guys who got a one-way ticket to showbiz oblivion after making impolitic remarks...

Author: /time Magazine | Title: Marv Albert Makes a Comeback | 7/15/1998 | See Source »

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