Eleven days after the presidential election, 100 people were invited to the home of Vernon and Ann Jordan. The guest of honor was former Time Warner chief Richard Parsons, but the belle of the ball was Valerie Jarrett, one of Barack Obama's best friends and a newly named White House senior adviser.
All night the Jordans' guests -- many VIPs in their own right -- surrounded Jarrett, eager to introduce themselves and welcome her to D.C. Business as usual. Every four or eight years, Washington's primarily white, influential, moneyed set rushes to cozy up to the new power brokers in town: Texans when George W. Bush arrived, Arkansas buddies when Bill Clinton came to town. The city's high-level social scene -- dinners, black-tie fundraisers, receptions, ubiquitous book parties -- is the place where money and experience are subtly traded for access and influence.