Wall Street allowed Katzenberg to makes his claims. Maybe, like all overgrown kids, they just liked watching cartoons.

Variety told how Katzenberg offered a bunch of clips from “Madagascar 3″ and stories of opening night jitters for “Shrek, the Musical.”

FBLA, however, was unsure whether the big swinging dicks on Wall Street were forced to wear those crazy 3D glasses.

On you, they look good.

New Career Opportunities Daily: The best jobs in media.

Yang, who was unclear about Yahoo!’s future last summer at the Herb Allen Sun Valley Media Conference. At the time, Yang told FBLA that is future was uncertain, but that for the short term he wasn’t going anywhere.

In a memo sent to the company’s staff on Monday evening, Yang said he would retain the post until the board names his successor. After that, he said he’d return to his previous job as “chief Yahoo” – a corporate strategy role – and remain on the board.

Yang’s move comes 18 months after he assumed the CEO post after the departure of Terry Semel. His tenure has been dogged by a precipitously declining stock price and the collapse of a $44 billion takeover offer from Microsoft.

In the memo, Yang wrote, “I strongly believe that having transformed our platform and better aligned costs and revenues, we have a unique window for the right ceo to take ownership over the next wave of mission-critical decisions facing the company.”

New Career Opportunities Daily: The best jobs in media.

On the closing day of the Sun Valley Media Conference, Bill Gates and Warren Buffett held court with individual speeches about — what else — money.

Gates spoke about collecting it for his Gates Foundation, while Buffett discussed how it could be spent to help the country, according to people who listened.

“Bill said amazing things,” said James Robinson III, former chairman of American Express. “He had all sorts of things to say about raising money for such things as medicine and diseases. He was very engaging and interesting, as he is every year.”

About 200 of those left at the conference attended the speeches, which had a ridiculously inordinate amount of security, with every entrance and exit to the speakers’ hall watched by four guards. Mediabistro, which was kept out by at least three different guards at entrances, thinks that’s what billionaire-type money brings.

But a few who stuck around to listen to billionaire mentality included William Morris Agency’s Jim Wiatt, Yahoo!’s Sue Decker, ICM’s Chris Silbermann, Page1Media’s Isaac Lee, Google’s Sergey Brin and Larry Page, Starr & Co.’s Ken Starr, News Corp.’s Rupert Murdoch, Time Warner’s Richard Parsons, media chef Rachael Ray, Scripps Co.’s Ken Lowe, former Disney chair Michael Eisner, New York Times columnist Thomas Friedman and CNN’s Anderson Cooper.

Though almost half the invitees departed on Friday night, some stuck around to celebrate host Herb Allen with a special dinner last night. And, as every year, a special outdoors ice show (in the middle of summer!!!) took place behind the Sun Valley Lodge.

Friday night, Murdoch and Parsons were secluded at a table in the Sun Valley Lodge bar, discussing either some pending deal or the mixed drinks they wanted to order.

Parsons, who stepped down as Time Warner chair a few months ago, earlier told a reporter he was happy to be an observer at the conference this year rather than a corporate participant.

New Career Opportunities Daily: The best jobs in media.

As Herb Allen‘s Sun Valley retreat started to wind down Friday afternoon, some key executives were already boarding their Lear Jets and scooting home, missing out on speeches from the two RICHEST men in the world. They will all miss former Microsoft chair Bill Gates and Berkshire Hathaway’s Warren Buffett tomorrow. Mediabistro will stick around in Sun Valley in beautiful weather (82 degrees and sunny) to gather up whatever crumbs can be taken from the rich men talks.

A presentation by Jordan’s King Abdullah II was well received by a few hundred conference-goers, but nobody wanted to talk about what the Jordanian said. Maybe they were concerned about their oil stocks. Security wasn’t especially heavy for the King, but the feeling on Herb Allen campus was that if any disruptions were started, the crack NYPD-filled security staff would take them down.

Yahoo! CEO Jerry Yang showed up in Sun Valley just in time to get an earful of complaining in the media about the earthworm status of the Yahoo!/Microsoft merger talks. He did meet quietly with the Google boys, co-founders Sergey Brin and Larry Page as well as CEO Eric Schmidt, but that was presumably made to discuss the display advertising deal that the two companies cut a few weeks back.

Meanwhile, Yahoo! President Sue Decker practically threw her arms up and gave in to media queries about what’s going to happen.

“Forget tomorrow, but in six months where will you be and where will Yahoo! be?” asked one intrepid journo.

“I have no idea,” Decker moaned.

New Career Opportunities Daily: The best jobs in media.

Meyer gave kudos to colleague Jeff Katzenberg, the DreamWorks partner who had a presentation on 3-D this morning.

“It was good,” Meyer said, “a great display of the technolgy.” Katzenberg gave a presentation about the uses of 3-D in film and TV and reportedly showed an “incredible” visual display of the possibilities.

Nike chairman Philip Knight was also exuberant about the display. “It’s where we’re headed. It’s the future,” he said.

Zucker, meanwhile, denied a newspaper report of NBC possibly unloading assets at the Sun Valley conference.

“No, there’s nothing like that,” Zucker said. “I’m just here watching.”

Former American Express chairman James Robinson III said he was only here out of a long-standing friendship with host Herb Allen.

But Robinson said that Katzenberg’s speech, like other technology-driven segments, was fascinating and will be of great use to companies like Amex and others. Robinson now runs RRE Ventsures, which deals in applied technology and its utilization.

Former Microsoft chair and founder Bill Gates unexpectedly showed up last night was hovering around the morning presentations. Asked if he had any comment on the pending Microsoft/Yahoo! discussions, he said: “No thank you. No.”

New Career Opportunities Daily: The best jobs in media.

When a Reuters photographer saw them raise a Jordanian flag on campus, he asked why. (How he knew a Jordanian flag is another mystery.) But when he started asking pesky questions, the Herb Allen staff immediately took down the flag.

It turns out Sun Valley will bring Jordanian King Abdullah II in as guest speaker at the end of the week, but they didn’t want to disclose it. Not clear what he’ll talk about, probably oil, politics and nuclear war capabilities that Jordan is keen on having.

Last year, it was Britain’s Tony Blair, but he’s not in charge anymore. Sun Valley is determined to keep its big toe in political waters.

New Career Opportunities Daily: The best jobs in media.