Livent's new managers, led by Hollywood dealmaster Michael Ovitz, had known about Drabinsky's profligate spending and imaginative accounting practices.

FORBES: Follow through

Before that gossips drooled over his falling-out with Hollywood dealmaker Michael Ovitz.

FORBES: Shop Till You Flop

In all the buzz about Michael Ovitz's most recent downfall and the collapse of his once-grandiose scheme to reinvent Hollywood (again), there has been scant mention of Jeffrey Kwatinetz.

FORBES: Dog-and-Pony Show

But when Mr Wells died and Mr Eisner tried to replace him with Michael Ovitz the result was a disaster: the rows prompted key people to leave, and Mr Ovitz himself quit after 14 months, with a sizeable pay-off.

ECONOMIST: Schumpeter

The issue grew more urgent that year with the resignation of studio boss Jeffrey Katzenberg (whose subsequent feud with Eisner later spilled into court in 1999) followed in 1995 by the ill-fated hiring--and firing just 15 months later--of powerful talent agent Michael Ovitz.

FORBES: On The Cover