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SEC PROBES MOUSE (Eisner in Hanky-Panky Land?)
NY POST ^
| 12/4/02
| PAUL THARP
Posted on 12/04/2002 7:26:55 AM PST by Liz
Edited on 05/26/2004 5:10:38 PM PDT by Jim Robinson.
[history]
Michael Eisner has dropped a double bombshell on Walt Disney's shares by announcing a federal probe of its boardroom and a surprise earnings reversal.
The company last night said profits would be about 20 percent lower than it announced four weeks earlier, blaming a box office flop of its new holiday flick, "Treasure Planet."
(Excerpt) Read more at nypost.com ...
TOPICS: Breaking News; Business/Economy; Crime/Corruption
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The company last night said profits would be about 20 percent lower than it announced four weeks earlier, blaming a box office flop of its new holiday flick, "Treasure Planet." Maybe Disney ought to build Flopola Land for all of its movie misses.
Leading the revolt was director Stanley Gold, head of Shamrock Holdings.
Ut oh, big trouble for Eisner. Shamrock is the highly profitable entity of Roy Disney - Walt's brother - who orchestrated the coup that ditched Walt's son-in-law and ensconced Eisner at Disney.
1
posted on
12/04/2002 7:26:55 AM PST
by
Liz
To: Liz
Named to the post was former U.S. senator George Mitchell, who already held a seat on the board. Well, now the company is really going to go down the tubes. Funny how all these democrats show up on corporate boards (like Mondale) and at the same time rile about corporate irresponsibility. They are such hypocrites!
2
posted on
12/04/2002 7:43:36 AM PST
by
Wphile
To: Liz
Good old pro Homosexual Pride in Disney Eisner.
Are the mentally diseased left wing elite rats like Eisner incapable of running a corporation without plundering it and destroying it:
The company last night said profits would be about 20 percent lower than it announced four weeks earlier, blaming a box office flop of its new holiday flick, "Treasure Planet."
The company also revealed that the Securities and Exchange Commission is investigating the cozy relationship among four directors who put their relatives in key jobs within the Disney empire, some paying up to $1.3 million a year.
Ironically, Eisner himself divulged the corporate nepotism months ago to the SEC - primarily to neutralize the four outside directors who had been heading a board revolt to oust him.
Merry Christmas to all the rat elites who have been busy plundering and destroying Disney under the POS left winger Eisner. He ain't no Mickey Mouse! He is a real DemonicRat!
To: Liz
Ahhhh...company politics and brainless mismanagement. Not even Disney is immune to stupidity.
To: Grampa Dave
I see Gay Days at Disney have been a real profit-maker (/sarcasm off).
5
posted on
12/04/2002 7:48:31 AM PST
by
Liz
To: Miss Marple
.......Disney troubles ping..........
6
posted on
12/04/2002 7:49:51 AM PST
by
Liz
To: Wphile
"Funny how all these democrats show up on corporate boards (like Mondale) and at the same time rile about corporate irresponsibility."Interesting, isn't it? Isn't it even more interesting that the democrats who yelled the loudest about corporate responsibility are the most likely to be sitting on the boards of FAILING corporations?
To: Liz
To: cake_crumb
Yep. Hypocrisy knows no bounds.
9
posted on
12/04/2002 7:55:04 AM PST
by
Wphile
To: Registered
LOL. Whole lot of barfing goin' on there. Maybe Disney could use your neat graphic in its ad campaigns? LOL.
10
posted on
12/04/2002 7:59:04 AM PST
by
Liz
To: Liz
Sounds like the real "Treasure Planet" exists within the boardroom.
Warms my heart to see the Mouse implode.
11
posted on
12/04/2002 7:59:05 AM PST
by
mombonn
To: Grampa Dave
Disney has been going seriously downhill ever since Eisner turned Disney World into Gay Lovefest World.
To: cake_crumb
......mouse-sized brains........
13
posted on
12/04/2002 8:00:34 AM PST
by
Liz
To: mombonn
Heheheh........Treasure Planet in boardroom.......good one.
14
posted on
12/04/2002 8:01:20 AM PST
by
Liz
To: Mudboy Slim; Libloather
We need a song for these loathsome liberal doings.....
15
posted on
12/04/2002 8:03:00 AM PST
by
Liz
To: Liz
Yabba dabba doo!
To: cake_crumb; Liz
Yes, and our own private buycotts of Disney products have had a toll inspite of the Homosexual Rats at Disney laughing at us.
Finally elite Rat fascists in control of corporations are incapable of successfully running a corporation that has to compete in the free market. That is why they need people like Jake Reno and the Clintoon to protect them and make them the king rat in their business arena. They prefer to be the #1 rat fascist business with full governmental backing rather than compete with better products, research and customer service.
This is why Whoreacle and other companies donatated massive money to the DNC, the Clintoon and Gray Davis to make Micro Soft the target of massive government intrusion. Their products could not compete against Micro Soft in the free market place.
Disney under Eisner has the same problem. Their movies, playgrounds and other adventures can't compete against their competition in a real open marketplace. So they buy market advantage with their political donations.
To: Petronski
Forgot the tagline...BOYCOTT DISNEY: a vortex of seductive evil
To: Wphile
It is about darned time that the blatant hypocrisy of the left-wing was recognized by the public for the malignant cancer it is.
To: Liz
It is my understanding that Shamrock is the nephew's company, who is also named Roy. Walt's brother has been dead for some time.
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