42-447: Fat cat is a slang term for a wealthy person, originally used to describe a rich political donor. Fat Cat may also refer to: Fat cat Fat cat is a political term originally describing a rich political donor , also called an angel or big-money man . The New York Times has described fat cats as symbols of "a deeply corrupt campaign finance system riddled with loopholes", with Americans seeing them as recipients of
84-704: A "bad deal" with Iran that would put Israel at risk, "I would bomb the living daylights out of these sons of bitches," Saban said at a meeting of the Israeli American Council. In 2005, Saban spent $ 100,000 to oppose California's 2005 Proposition 77 redistricting reform. Saban contributed $ 100,000 to pass California's 2008 redistricting reform, Proposition 11 , which created a Citizens Redistricting Commission to redraw California's state political boundaries, but not U.S. Congressional districts. Saban contributed $ 2,000,000 to support Proposition 27 , California's proposed 2010 repeal of Proposition 11 ,
126-555: A Hillary Clinton fundraiser at the house of Peter Chernin , the president of News Corporation . According to the Los Angeles Times , the fundraiser brought in over $ 850,000. In March 2008, Saban was among a group of major Jewish donors to sign a letter to Democratic Party house leader Nancy Pelosi advising her not to run in the Democratic presidential primaries. The donors were upset by Pelosi's statement that
168-423: A few months before Camp David , when he was still leader of the opposition. He told me there would be no deal because [Yassir] Arafat would not sign. I told myself that there was nothing to be done—these right-wingers were simply insane. I had no doubt that there would be a deal and the problems would be resolved. History proved that Sharon was right and I was wrong. In matters relating to security, that moved me to
210-536: A long-time supporter and donor of many Jewish and pro-Israel causes, has stated his main goal in multiple interviews: "I'm a one-issue guy, and my issue is Israel." Saban became involved in politics in the mid-1990s when he felt that support for Israel was slipping in the United States. He says his views have shifted over the years: I used to be a real leftist. I remember Arik Sharon [the leader of Israel's right-wing Likud Party ] coming here, to my house,
252-716: A soldier in the Israel Defense Forces . Saban is married to Cheryl Lynn (Flor) Saban , with whom he has two children. He also has two stepchildren, Tifanie and Heidi Lenhart , an actress. He resides in Beverly Hills , California. Saban started his music career in 1966 as a bass player and manager with the rock band The Lions of Judah ( Ha'arayot ), which was named after the Lion of Judah in Jewish Scripture . Saban did not know how to play
294-510: A thick cigar, representing a venal banker or a high earner executive or " captain of industry ". It is also a term familiar with musicians. James Brown 's 1973 song " Down and Out in New York City " includes the lyrics "All the fat cats, in the bad hats". Muse 's 2009 song " Uprising " also references the term in its lyrics: "Rise up and take the power back; it's time the fat cats have a heart attack". The punk band NOFX repeatedly uses
336-473: Is an Israeli-American media proprietor, investor, musical composer and producer of records, film, and television. A businessman with interests in financial services, entertainment, and media, and an estimated net worth of $ 2.8 billion, he is ranked by Forbes as the 232nd richest person in America . Saban is the founder of Saban Entertainment , producer and distributor of children's television programs in
378-532: The Republican Party including a 2003 contribution to George W. Bush 's 2004 re-election campaign. Saban supported Hillary Clinton for President of the United States in the 2016 U.S. presidential election . Between June 2015 and June 2016, he and his wife donated US$ 7 million to Priorities USA, a pro-Clinton Super PAC. Meanwhile, Saban has called Republican candidate Donald Trump "a danger to America". Saban has said that Keith Ellison , who ran for
420-471: The "perks of power", but able to "buy access, influence policy and even veto appointments". It is also commonly used to describe a rich, powerful and greedy person who, due to ownership of large amounts of capital , is able to "live easy" off the work of others. In the United Kingdom , it is also used to refer to executives whose pay is deemed by others to be excessive. The word was first used in
462-568: The 1920s in the United States to describe rich political donors. The term's coinage for political purposes has been attributed to Frank Kent , a writer for The Baltimore Sun whose essay "Fat Cats and Free Rides" appeared in the American Mercury , a magazine of commentary run by H. L. Mencken . Kent wrote: A Fat Cat is a man of large means and slight political experience who, having reached middle age, and success in business, and finding no further thrill, sense or satisfaction in
SECTION 10
#1732798037247504-689: The 2001–2002 cycle." Saban's donations during that 2001–2002 period exceeded $ 10 million, the largest donation the DNC has received from a single source up to that time. In September 2004, Hillary Clinton described Saban as a very good friend, supporter and adviser: "I am grateful for his commitment to Israel, to a just and lasting peace in the Middle East and to my foundation's work, particularly on reconciliation issues." In May 2007, Haim publicly declared his support for Clinton in 2008 presidential election . In June 2007, Saban and Steven Spielberg co-hosted
546-554: The 2008 redistricting reform – the same reform that Haim Saban previously supported with a $ 100,000 contribution. He joined list of other well-connected, big-money donors to the Democratic Party in supporting Proposition 27. In 2020, Saban collaborated with UAE Ambassador to the United States, Yousef Al Otaiba , on a June 12 op-ed addressed to the Israeli public in an effort to halt Israel's planned annexation of parts of
588-571: The Fat Cat has what the machine must have, to wit, money The 1960 campaign for the Democratic nomination to the presidency was marked by competition between fellow Senators Hubert Humphrey and John F. Kennedy . Their first meeting was in the Wisconsin primary, where Kennedy's well-organized and well-funded campaign defeated Humphrey's energetic but poorly funded effort. Humphrey objected to
630-619: The Masters of the Universe , She-Ra: Princess of Power , and Jayce and the Wheeled Warriors ). In 1998, The Hollywood Reporter reported that he did not actually compose all the music (totalling 3,700 works in 2008) he is credited for; ten composers threatened to sue and Saban settled out of court. He then became a television producer, founding Saban Entertainment in 1988. In the 1990s, Saban's company became known for
672-793: The Middle East. Saban recruited Martin Indyk to direct the center. Saban sponsors the American-Israel Public Affairs Committee's Saban National Political Leadership Training Seminar , a series of semiannual seminars in Washington to provide college student activists for three days of intensive pro-Israel advocacy training. The seminars provide up to 300 students from a hundred campuses with training in order to "prepare for challenges and opportunities on their campuses and [the students] left Washington prepared to mobilize for legislative and electoral impact during
714-728: The Saban-led group were Texas Pacific Group of Fort Worth, Texas and Thomas H. Lee Partners . The group was successful in acquiring Univision with a bid valued at $ 13.7 billion (USD), but sold to private equity firm Searchlight Capital Partners and ex-Viacom finance head Wade Davis in 2020. In 2019, Saban announced that he had formed the Saban Music Group backed by $ 500 million of his own capital. The company will focus on global artists, particular Latin American, tapping new artists and acquiring existing businesses. Saban,
756-606: The US such as Power Rangers . He headed up consortiums which purchased the broadcasters ProSiebenSat.1 Media and Univision Communications . He is a major donor to the United States Democratic Party and active in pro-Israel political efforts in the United States. In March 2017, Saban was honored with the 2,605th star on the Hollywood Walk of Fame for his achievements in television. Haim Saban
798-787: The West Bank and create a unified front between the UAE and Israel against the opposing forces of Iran. Al Otaiba credited Saban with advising him where his op-ed should be placed, when it should be placed and that it needed to be translated in Hebrew. The efforts were purported to have helped pave the way to the August 2020 signing of the Abraham Accords , brokered by United States President, Donald Trump, and normalizing ties between Israel and UAE. In 2007, Saban donated $ 14 million to complete
840-589: The bass but conditioned his work booking the band's performances on becoming their bassist. In 1969, Dave Watts from the British band The Tornados joined The Lions. That year, the band traveled to England, performed in night clubs in London and was signed up by Polydor Records . In July 1969, the band appeared on the BBC TV programme Colour Me Pop . The Lions recorded a single, "Our Love's A Growing Thing", but it
882-485: The board of the company. In March 2007, Saban Capital Group and the consortium sold its controlling interest in ProSiebenSat.1 to KKR and Permira , for 22.40 euros a share after originally paying 7.5 euros per share in 2003. On June 27, 2006, Saban Capital Group led a group of investors bidding for Univision Communications , the largest Spanish-language media company in the United States. Other investors in
SECTION 20
#1732798037247924-554: The candidates of their choice." The campaign finance reforms following the Watergate scandal greatly reduced the amount of money that individuals could contribute to a political campaign. In the words of Ben J. Wattenberg , "The fat cats were driven from the temple". During a 1997 $ 1,000-per-plate dinner at the Hilton Washington for the Republican Party , which The New York Times dubbed "a lucrative display of
966-524: The children's hospital at Soroka Medical Center . In 2002 Saban provided an initial grant of US$ 13 million and a pledge of additional funds to create the Saban Center for Middle East Policy , a foreign policy think tank based in Washington, D.C. The Saban Center is part of the larger Brookings Institution think tank . The Saban Center aims to provide policy makers in government with information and analysis regarding America's foreign policy in
1008-511: The combined entity (half-owned by Haim Saban himself) sought to launch a competitor that would carry programming from the popular Fox Kids lineup. Eying The Family Channel, News Corp. made an offer to purchase IFE through the Fox Kids Worldwide division in 1997. On July 23, 2001, Saban announced that he and News Corporation would sell Fox Family Worldwide Inc for $ 5.3 billion to The Walt Disney Company . and on October 24, 2001,
1050-578: The former president. Clinton described Saban as a "very good friend and supporter." Saban contributed between $ 5 million to $ 10 million to the William J. Clinton Foundation . During the 2000 presidential election , Saban increased his rank to 5th among individual donors with a combined contribution of $ 1,250,500. Matthew Yglesias wrote that "Saban was the largest overall contributor to the Democratic National Committee during
1092-451: The leadership of the DNC , "is clearly an anti-Semite and anti-Israel individual." Saban also called Sen. Bernie Sanders (I-VT) "an anti-Israel person." In 2006, Saban discussed his views on the Middle East and Persian Gulf region in an interview with Haaretz . Commenting on Iran, he said: "When I see Ahmadinejad, I see Hitler. They speak the same language. His motivation is also clear:
1134-726: The major donors to the campaigns of 1998 election cycle, ranked Saban 155th among individual donors. Amy Paris noted that Saban's Clinton-era "generosity did not go unrewarded. During the Clinton administration , the entertainment executive served on the President's Export Council, advising the White House on trade issues." The New York Times reported that Haim and his wife "slept in the White House several times during President Clinton's two terms." Saban remains close friends with
1176-531: The media, "The Kennedy forces are waging a psychological blitz that I cannot match. I'm not the candidate of the fat cats." A 1972 book by sociologist G. William Domhoff , titled Fat Cats and Democrats , contrasted the Democratic Party's perceived populism with its funding structure. In Domhoff's view, "Short of a nationwide system of public financing for candidates ... it seems likely that wealthy fat cats will find one way or another to finance
1218-543: The mere piling up of more millions, develops a yearning for some sort of public honor, and is willing to pay for it. There are such men in all the States, and they are as welcome to the organization [i.e., the party] as the flowers in May. They relieve the pressure all along the line, lighten the load, make life brighter and better for the busy machine workers. The [political] machine has what the Fat Cat wants [i.e., public honor], and
1260-593: The party ' superdelegates ' should heed the will of the majority in selecting a candidate." The donors, who were strong supporters of the DCCC , implied that Pelosi could lose their financial support in upcoming congressional elections. In May 2008, it was reported that Haim Saban had offered $ 1 million to the Young Democrats of America and urged the endorsement of Hillary Clinton as the Democratic nominee for president." Saban has also made donations to members of
1302-424: The party's superdelegates "should support the party's pledged delegate leader". According to OpenSecrets , the signers included donors such as Haim Saban and Robert L. Johnson , and had given the party nearly $ 24 million since 2000. In response, the grassroots liberal political action committee MoveOn called the move "the worst kind of insider politics -- billionaires bullying our elected leaders into ignoring
Fat Cat - Misplaced Pages Continue
1344-583: The production of Power Rangers , Masked Rider , VR Troopers , and Big Bad Beetleborgs , which were Western adaptations of Japanese tokusatsu shows. In 1996, News Corporation 's Fox Children's Network and Haim Saban's Saban Entertainment merged to form Fox Kids Worldwide. Also in that year, the company purchased the C&;D library from Jean Chalopin . With the growing shift in children's television from over-the-air programming blocks to cable channels such as Cartoon Network and Nickelodeon ,
1386-644: The resilience of big-money campaign fund-raising", street protesters calling for further reform dressed in "fat cat" costumes and chanted "Hey, hey, ho, ho! Corporate fat cats have to go!" In the 2008 Democratic race , a group of wealthy backers of Sen. Hillary Clinton wrote to Speaker of the House Nancy Pelosi , warning her they might withdraw financial support for the Democratic Congressional Campaign Committee if Pelosi did not change her position on whether
1428-513: The return of the Mahdi is a supreme goal. And for a religious person of deep self-persuasion, that supreme goal is worth the liquidation of five and a half million Jews. We cannot allow ourselves that. Nuclear weapons in the hands of a religious leadership that is convinced that the annihilation of Israel will bring about the emergence of a new Muslim caliphate? Israel cannot allow that. This is no game. It's truly an existential danger." If Obama strikes
1470-421: The right. Very far to the right…When there is a terrorist attack, I am [Avigdor] Lieberman . Sometimes to the right of Lieberman. For two days I really love Lieberman. But afterward I come back to reality. Look, I don't see a solution today. Saban has been a consistent donor to the United States Democratic Party according to his mandatory Federal Election Commission filings. Mother Jones , in an analysis of
1512-545: The sale was completed and the network was renamed ABC Family . Saban profited about $ 1.6 billion from this sale. In August 2003, Saban led a consortium, which acquired a controlling stake in the straggling ProSiebenSat.1 Media group from the Kirch Media Group , the then-bankrupt German media conglomerate. ProSiebenSat.1, is Germany's largest commercial television broadcasting company, which owns five German TV channels, including ProSieben and SAT.1 , two of
1554-573: The term in their song "Perfect Government" on their album Punk in Drublic ("How did the cat get so fat?"). American white nationalist Dr. William Luther Pierce 's book The Turner Diaries includes the term in chapter XV, in a line that says "since we switched to large-scale actions we've begun tapping some new sources of contribution-mostly fat cats buying 'insurance,' I suspect- ..." Haim Saban Haim Saban ( / s ə ˈ b ɑː n / ; Hebrew : חיים סבן ; born October 15, 1944)
1596-754: The theme for Goldorak , the French-dubbed version of UFO Robot Grendizer , the first anime to be telecast in France. This led to Saban's involvement in American cartoon music. After moving in 1983 to the United States, Haim Saban and partner Shuki Levy became known for soundtrack compositions for children's television programs of the 1980s. Although Levy and Saban composed for their own properties (such as Kidd Video and Maple Town ), they scored for other production companies as well (such as Inspector Gadget , The Mysterious Cities of Gold , M.A.S.K. , Dinosaucers , Dragon Quest , He-Man and
1638-577: The top three stations in Germany. Collectively, ProSiebenSat.1's channels represented approximately 45% of the German TV advertising market at the time. Saban's ProSiebenSat.1 acquisition was the first time a foreigner took control of a significant German Media company. Saban oversaw a successful business turnaround of ProSiebenSat.1, recruiting former business rivals, ex- BSkyB chief executive Tony Ball and former BBC Director-General Greg Dyke to
1680-434: The will of the voters", but reassured members that "when we all pool our resources, together we're stronger than the fat cats." The word has since acquired a meaning of a rich, powerful person of possibly "undeserved" wealth. It is now commonly used in editorial cartoons . In the British printed media, a fat cat is often depicted as a cat-faced, corpulent, middle-aged man clad in a pin striped suit and holding or smoking
1722-581: Was born in Alexandria , Egypt, to an Egyptian-Jewish family. In 1956, the Saban family immigrated to Israel, along with most of the Egyptian Jewish community. Saban was sent to a Youth Aliyah boarding school. Expelled for being a troublemaker, he enrolled in a night high school where the principal told him: "You're not cut out for academic studies; you're cut out for making money." He served as
Fat Cat - Misplaced Pages Continue
1764-518: Was not released in the UK due to financial difficulties. The band returned to Israel and Saban focused on being a music promoter. In Israel, Saban worked as a tour promoter but found himself deep in debt due to financial losses during the Yom Kippur War . He discovered a young Noam Kaniel and took him to Paris, where Saban produced a string of Kaniel's singles and albums. In 1978, Kaniel recorded
#246753