It may be worth to write off the loss, just to reset to zero and move forward.
It’s Disney’s debt to pay. Period.
Typical RHINO response
Give your wins away.
“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
[It may be worth to write off the loss, just to reset to zero and move forward.]
Might that completely destroy their credit?