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The Walt Disney Company Message Board

  • mogermonger mogermonger Sep 30, 2002 5:26 PM Flag

    Eisner Loot's company and Cal. kudo!

    Now, major California paper says he not only wrecked the company but wrecked LA and Southern Cal. He has looted the treasury of Disney and now of Southern California with his egomanical managemnet style. He drove the world's greatest investor Warren Buffett away to solidify his control. What would have Disney been if Buffett had stayed and invested billions.
    Or if Warren Buffett (54 million shares sold now)whose advice Gates and others seek, were to give his advice on what to buy or what not to buy. and how to invest the excess cash that has now been squandered. Now you hold a collection of money losers and 15 billion in debt. And the irony, a few short months after his purchse of the fox family network for 5.6 billion he glibly announced he paid too much and he has no real plan to solve the mess he has created and no plans for a sucessor.

    LA Paper
    "Michael Eisner faced more criticism on Sunday after a Los Angeles Times editorial said his management of the ailing media giant was hurting Southern California."

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