Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: RummyChick

It may be worth to write off the loss, just to reset to zero and move forward.


2 posted on 04/30/2022 3:23:46 PM PDT by Jonty30 (I did not shoot the burglar. I pointed a laser dot on his head and let the cats do the rest. )
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Jonty30

It’s Disney’s debt to pay. Period.


13 posted on 04/30/2022 3:43:37 PM PDT by Sacajaweau ( )
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Jonty30

Typical RHINO response

Give your wins away.


26 posted on 04/30/2022 4:11:05 PM PDT by Chickensoup ( Leftists totalitarian fascists are eradicating conservatives)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Jonty30

“It may be worth to write off the loss, just to reset to zero and move forward.”

Not sure they can. The original bond setup was also part of the EPCOT creation, Experimental Prototype Community of Tomorrow, and was supposed to be an actual city, with people living in it, and using the latest technology within the city like moving sidewalks. The bond did include Reedy Creek but the money being dished out was far more than for that area and was part of other projects and the contractual obligations state that the debt is not finished until it is paid back. And back in 1967 Florida wanted the tourism so bad they miswrote the agreement to put it almost completely in Disney control until they and their investors are satisfied.

wy69


31 posted on 04/30/2022 4:42:35 PM PDT by whitney69
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Jonty30

[It may be worth to write off the loss, just to reset to zero and move forward.]

Might that completely destroy their credit?


67 posted on 05/02/2022 11:50:00 AM PDT by ObozoMustGo2012
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson