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Wall Street Journal

Apollo's Deal for Control of Schorsch Real-Estate Empire Falls Apart
Wall Street Journal
A deal the private-equity and investing giant struck in August to take control of a real-estate investment business with roughly $19 billion of assets has fallen apart, according to people familiar with the matter. A separate deal for Apollo to buy ...

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The Golden Globes are picked by just 100 people, including car salesmen, real estate agents and hairdressers

Mon, 12 Jan 2015 12:11:56 +0000

From this Toronto Star article:

Current Hollywood Foreign Press Association members include real-estate agents, car salesmen, showbiz publicists, hairdressers and even a few journalists. All that is required to maintain membership is permanent residence in Southern California (so much for "foreign") and a mere four published articles per year, often in obscure publications that aren't freely disclosed.

The HFPA pretends to be a democratic operation, but it operates mainly in the dark, revealing only the names and the 55 countries represented by its members. (There are four Canadian members, one of whom, Ray Arco, also represents Denmark.)

I know it's mostly about the fancy dresses, but I'm always struck by how much power this group of 100 fairly random people wields. I imagine that they are buried in swag (and, no doubt, the occasional bribe) every year in exchange for their votes.

submitted by dbarefoot to movies
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