Word: begelman
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Some critics, however, claim that Chandler has emphasized national and foreign coverage at the expense of local news. Until 1977 the Times had only two reporters covering city hall. The paper missed a scandal in its own backyard when Columbia Pictures Executive Davie Begelman in 1977 was accused of financial improprieties; the Times's first substantial piece on "Hollywoodgate" was a condensed version of a Washington Post story. Minorities complain that Chandler cares more about covering Mexico than Hispanic East Los Angeles. In January for instance, the Times virtually ignored a story about the death of Eula Love...
...this couple's tea-sipping romance in war-torn Europe. It is the kind of big-screen romance they just don't make any more. Why Columbia Pictures bothered to produce Hanover Street is the biggest mystery to cloud that company since the departure of David Begelman...
...plenty of examples seem to indicate that lack of trustworthiness in one area can carry over into others. When Jeanie Kasindorf, a writer for New West magazine, started investigating Columbia Pictures Chief David Begelman, she decided to query Yale, his alma mater, to follow up rumors of bad checks. Problem: Begelman had never attended Yale. Although Begelman was indicted for forgery and grand theft, the Hollywood types were more outraged that he had listed Yale in Who's Who. Apparently they figured that everybody steals money. Says Kasindorf: "It was the fact that he lied about Yale that drove...
When David Begelman was forced out as president of Columbia Pictures, his friends in the movie industry vowed that they would get even. Last week they did. By a 6-to-l vote, the board of Columbia Pictures Industries, the parent company, fired its president and chief executive, Alan Hirschfield, 42. Begelman's allies on the board pretended that Hirschfield's dismissal from his $250,000-a-year job was not related to the dispute. Nonsense, said Hirschfield: "I lay it all on the Begelman affair...
Last fall, after Begelman confessed to the board that he had embezzled $84,000 from the company by forging checks and padding his expense account, some directors wanted to keep the affair quiet. They hoped to protect Begelman, whose smash films (Close Encounters, The Deep) had saved the company. But Hirschfield insisted on suspending Begelman and revealing his wrongdoings. With that, Hirschfield lost support of the board powers, notably his longtime mentor, Investment Banker Herbert Allen. Begelman was indicted for fraud and placed on probation for three years. Even so, he has a $1.5 million three-year contract...