Having soured on the Clintons after raising huge sums of money for Bill and sleeping in the Lincoln bedroom—twice—Geffen found himself enamored of Obama from the first time he saw him on TV, giving a speech at the 2004 Democratic National Convention. "I thought he was a remarkable guy," Geffen told me today. "After I heard him give that speech, I called him up and said, 'You're going to run for president and I'm going to support you.' " Geffen says Obama laughed and said he was very flattered, but that he wasn't running. Cut to two years later. "He called me one day and said with a laugh, ' David, I guess you're right. I am running for president and I'd like your support.' And of course, I said, 'You have it.' "Geffen then leaned back in his Carbon Beach chaise lounge, asking his second assistant's second assistant to bring over the master to-do list. "Cross out 'Make Obama run for president,'" he instructed, as the assistant's felt-tip marker hovered past "Flowers for Seann," "Bollywood!" and "Smear toothpaste on all the doorknobs at Paramount."