Word: begelman
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Dates: during 1980-1989
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...editor since 1959. "If you don't, you become a house organ." In fact, while both papers yearn to be taken seriously as tough, independent journalistic enterprises (and both have shown grit and knowledge in covering events like the ouster in July of embattled United Artists Chairman David Begelman), Daily Variety, founded in 1933, can more justly claim a tradition of shrewd analysis and lively if eccentric writing. Indeed, the paper and its weekly sister publication originated the technique, now widely imitated by general-interest dailies, of scrutinizing the box-office record of a film in its all-important...
Before the publication of Indecent Exposure last month, David McClintick's investigative work had become a chic bicoastal accessory. Movers, shakers and pretenders read pirated copies, chuckling over David Begelman's embezzlement of $84,000 from Columbia Pictures in 1977, which precipitated one of the most acrimonious power struggles in film history...
...climbed onto the bestseller lists. Surprisingly, it does not peer in Bel Air bedrooms. Instead, it focuses on the boardrooms of East Coast conglomerates. There, his minimoguls weep, curse and whisper. The reason? Actor Cliff Robertson had informed authorities that a $10,000 check was forged by Begelman. Why, insiders wondered, had the six-figure-salaried studio chief, a former talent agent and model for the ruthless Lyon Burke in Valley of the Dolls, not merely borrowed the money...
...Columbia board of directors had another, more pressing question: How could they minimize the scandal for the Securities and Exchange Commission? Their concern was not born of charity. Columbia stock was rising briskly, and Begelman was in large part responsible. But no corporate legal wits could save him. His crimes were tawdry, one eventual plea was nolo contendere, and his self-abnegation lifted from B-movie dialogue: "My worst enemy is sitting right here at this table ... I can't accept success ... I snatch it away from myself by committing crimes." Contrition, however, was a hard sell...
...films-Hirschfield once broke his toe tripping over the edge of a Jacuzzi while staring at Actress Polly Bergen-he was, as colleagues observed, a classic "bottom-liner" who frowned on peccadilloes like theft and forgery. After a period of indecision, the Harvard-trained executive saw no other alternative: Begelman...