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MAJOR OBAMA DONOR UNDER INVESTIGATION BY SEC OVER PAYMENTS TO THE CHINESE

Hey, speaking of donors today....my, my isn't the polish off the Obama Hope & Change turd??

President Obama’s record smashing $15 million “love fest” with actor George Clooney was 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 Washington Free Beacon reports.

Katzenburger announced in February that DreamWorks had succeeded in locking down a $2 billion deal to open a studio in Shanghai under the Oriental Dreamworks brand. Shortly thereafter, the SEC launched an official investigation.

“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,” WFB reports.

During the aforementioned meeting with XI, Katzenberg was joined by Vice President Joe Biden and Secretary of State Hillary Clinton.



The DreamWorks deal involved Xi personally approving the studio, Katzenburger said in a Financial Times interview.

“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,”WFB reports.

“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,” the report adds.

And here’s a little background on Katzenberg (via WFB):

Katzenberg has bundled at least $1 million for Obama, including $500,000 for the president’s re-election campaign, in addition to his $2 million contribution to outside groups aligned with the president

Understandably, Katzenburger’s contributions and his connections to top White House officials have caused a couple of people to question whether cronyism played a part in the DreamWorks deal.

The Sunlight Foundation, a nonpartisan watchdog group, asked if “Katzenberg’s support for Obama [helped] fast-track movie deal with China,” the WFB reports.

The studio refused to provide any response to the organization.

But here’s something interesting: the Foundation reports that DreamWorks “has never registered to lobby the federal government, but the largesse of its CEO has guaranteed access.”



http://www.theblaze.com/stories/major-obama-donor-under-investigation-by-sec-over-payments-to-the-chinese/


Added: May-12-2012 Occurred On: May-12-2012
By: yorba
In:
Politics
Tags: Dreamworks bribery, Obama donors bribe Chinese, Orienal Dreamworks, katzenberg, hollywood blows Obmaa
Location: New York, New York, United States (load item map)
Views: 1326 | Comments: 21 | Votes: 3 | Favorites: 0 | Shared: 16 | Updates: 0 | Times used in channels: 2
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  • Filthy, dirty, homo-infested Hollywood money. Jesus, it's a marriage of idiots that could only be in heaven: a community organizer and radical leftist weds uneducated, ignorant, talk out your ass Hollywood. And now throw in criminal on top of uneducated and ignorant. A thing of beauty.

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  • Hahaha! I knew it wouldn't be long for some Obama donor dirt to surface after the Romney donor dirt earlier today. That train is never late! So predictable.

    Posted May-12-2012 By 

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  • Fighting fire with fire :@)

    Posted May-12-2012 By 

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  • Got any real links to verify this,since it's only reported on conservative blogs and no real news sites.

    Posted May-12-2012 By 

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    • @echo4250 thats enough for the GOP and foxnews

      Posted May-13-2012 By 

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    • @echo425 LOL! Yeah, because the leftist media machine is burying another story must mean it didn't happen or it's fake. Really?? READ the article, ladies. READ it. There are people cited, quoted, and verified.

      0http://www.nypost.com/p/news/business/studio_ties_to_china_probed_8y6zx4nj7aJ0xNCHqa9YjK

      http://freebeacon.com/dreamworks-nightmare/

      Posted May-13-2012 By 

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    • @peterjames2009 LOL! Yeah, because the leftist media machine is burying another story must mean it didn't happen or it's fake. Really?? READ the article, ladies. READ it. There are people cited, quoted, and verified.

      0http://www.nypost.com/p/news/business/studio_ties_to_china_probed_8y6zx4nj7aJ0xNCHqa9YjK

      http://freebeacon.com/dreamworks-nightmare/

      Posted May-13-2012 By 

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    • @yorba Funny how your conservative blogs fail to mention that FOX is at the top of the investigation.Who do they contribute to????As if we didn't know.Don't mean to bruise your vagina but this post is a total fail.

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    • @peterjames2009

      He didn't give us any real links because an actual news story reveals that FOX is also being investigated as part of this.They wouldn't want the whole truth to come out.So much for "Fair and Balanced".LOL

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  • Great post! Thanks for the info! Liberals still will say it's a lie, scam, Romney did it bunch of liberal crap! Man, obama the bozo has to go!

    Posted May-13-2012 By 

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    • @menotrustemuslims
      Yes Obama must go!

      Vote Romney! His major donors have only moved their factories abroad, or fired half of their American citizen-workers. And while doing this Patriotic ruining of America, they`ve become fabulously rich.

      Posted May-13-2012 By 

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  • They will move the decimal point, and it will be fine.

    Posted May-12-2012 By 

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  • Koch brothers laugh at those poor hollywood working stiffs

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  • The Blaze......lol. They only moron to be too screwed up to be on Faux news.

    Posted May-13-2012 By 

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  • The Blaze?????????
    LMFAO

    Posted May-13-2012 By 

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    • @TongueboyLOL! Yeah, because the leftist media machine is burying another story must mean it didn't happen or it's fake. Really?? READ the article, ladies. READ it. There are people cited, quoted, and verified.

      0http://www.nypost.com/p/news/business/studio_ties_to_china_probed_8y6zx4nj7aJ0xNCHqa9YjK

      http://freebeacon.com/dreamworks-nightmare/

      Posted May-13-2012 By 

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    • @yorba I was just giving you shit in a way that republicans are familiar with. Bashing the source.
      I do that because I don't like you.
      Politics aside, you are a drama queen crybaby whiner and I have no respect for your opinions.
      As far as politics, I pretty much disagree with most everything you post or say so I don't respect your politics either.
      Frankly, the few instances when you are not crying or whining you are just being a fucking dick and I don't like dicks.
      So, take it like a man or cry, More..

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    • @yorba New york Post and free Beacon....roflmao....two more sources of reich wing lies..... You wouldn't know an unbiased source if it hit you in your fat head!

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