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Conflict at Walt Disney bursts wide open (Roy says company under Eisner "rapacious, soulless")
FINANCIAL TIMES ^ | December 1 2003 | Christopher Parkes, LA, Peter Thal Larsen, NY

Posted on 12/01/2003 2:10:03 AM PST by Liz

Roy Disney resigned as vice-chairman of the Walt Disney entertainment group on Sunday and called for Michael Eisner, chairman and chief executive, to follow suit, bringing to a head a conflict that has been brewing for a decade.

"It is my sincere belief that it is you who should be leaving and not me," he said in a bitter letter that criticised Mr Eisner's performance and style on seven counts.

The departure and open hostility of Mr Disney, nephew of Walt Disney and still a substantial shareholder, are likely to reignite the debate about the media company's direction.

It marks the end of a relationship that dates back to 1984, when Mr Eisner was appointed to rescue the company from break-up raiders.

The letter detailed criticisms that Mr Disney had offered privately and had been repeated in writing from Stanley Gold, a board member, and head of Mr Disney's private investment group, Shamrock Holdings.

It said the company, under Mr Eisner's leadership, had "failed during the last seven years in many ways". It had failed to bring the ABC television network's primetime schedule "back from the abyss", he wrote.

Attacking the "timidity" of group investments in its key theme parks in California, Paris and the resort under construction in Hong Kong, he said "you have tried to build parks on the cheap and they show it and the attendance figures reflect it".

The company was seen by virtually everyone associated with it as "rapacious, soulless, and always looking for a quick buck rather than long-term value," Mr Disney said.

Also included in his catalogue of complaints were the "creative brain drain", which was especially trying for Mr Disney who, as chairman of the feature animation division, had seen his empire whittled down by heavy lay-offs.

Mr Eisner had also failed to build constructive relationships with its successful Miramax film subsidiary, and Pixar, the computer animation company responsible for most of the Disney-branded hit cartoons.

Mr Disney also referred to the chairman's consistent refusal to establish a clear succession plan, and accused him of eroding morale across the company.

In the past two years, an enlarged board and other measures have quieted most external criticism.

A statement from the Disney board said Mr Disney had not been nominated for re-election to the board because of mandatory age limits. He is 73.

"It is unfortunate that the application of these unanimously adopted governance rules has become an occasion to raise again his criticisms of the direction of the company, and calls for change of management, that have been previously rejected by the board," it said.


TOPICS: Business/Economy; Extended News
KEYWORDS: catholiclist; disney; disneyandgomorrah; eisner; homosexualagenda; homosexualvice; roydisney; thugsinthehouse
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Eisner's mishandling Roy Disney's tenure, tarnishing the Disney name, will reignite shareholders who are already miffed at Eisner and sued Mikey for packing the board with his minions.
1 posted on 12/01/2003 2:10:04 AM PST by Liz
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To: Liz
It had failed to bring the ABC television network's primetime schedule "back from the abyss", he wrote.

Does anyone remember that summer some years back when the big idea at ABC for re-vamping their image was to emphasize a particular shade of yellow in all their ads?

That's the last idea I can associate with ABC.

(steely)

2 posted on 12/01/2003 2:58:07 AM PST by Steely Tom
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To: Liz
(Roy says company under Eisner "rapacious, soulless")

And I say the sooner DisneyPervLand closes the better.

Walt Disney surely is rolling over in his grave at the rampant sights and sounds of everything from homosexuality to wholesale violence, murder, rape, and mayhem and immorality dripping from anything produced by Disney in 2003.

Disney productions is an ideal example of the current state of the great American void of morality and decency.

What they produce is not fit for adults, let alone toddlers learning to walk, talk, read, and write. They have left everything even resembling the ideals of wholesome family entertainment Walt Disney is so well remembered for.

Let them go away - far, far away!

3 posted on 12/01/2003 3:06:37 AM PST by Happy2BMe (2004 - Who WILL the TERRORISTS vote for? - - Not George W. Bush, THAT'S for sure!)
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To: Happy2BMe
Nice, very nice, deconstruction. Could not agree more.
4 posted on 12/01/2003 3:14:05 AM PST by Liz
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To: Steely Tom
Gee, that idea was a biggie, too (/sarcasm).
5 posted on 12/01/2003 3:15:12 AM PST by Liz
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To: Liz
"A statement from the Disney board said Mr Disney had not been nominated for re-election to the board because of mandatory age limits. He is 73."

This is just plain ugly, even uglier coming from the Disney company. The "family entertainment" company is kicking "grandpa" off the board because he's old?

It's like little mikey is driving the wheelchair & dumping Roy over the cliff. Seeing as how mikey has a bum ticker, maybe he ought to be riding in the wheelchair instead of driving it.

But I don't think age is the real reason why mikey wants Roy gone. It's going to be interesting to watch how this plays out w/ stockholders.

6 posted on 12/01/2003 3:31:11 AM PST by elli1
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To: Liz
Before Eisner:

After Eisner:


7 posted on 12/01/2003 3:49:29 AM PST by Byron_the_Aussie (http://www.theinterviewwithgod.com/popup2.html)
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To: Byron_the_Aussie
That just about says it all.

You have such a way with "words"

8 posted on 12/01/2003 4:00:18 AM PST by G.Mason (If they are Democrats they are expendable)
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To: elli1; Grampa Dave; BOBTHENAILER; Libloather; Mudboy Slim; GatorGirl; maryz; *Catholic_list; ...
.....I don't think age is the real reason why mikey wants Roy gone.....

A power struggle, of course. It's what happens when you put soulless, rapacious people like Eisner in power. Eisner is self-serving and very ambitious.

If you've read the several post-Walt Disney books about the company, it was so utterly phony how Eisner acted when he got the job -- like he was going to be a good Disney-ite, faithful to Walt's legacy. What an egotistical liar.

This should be a wakeup call to those who do business with soulless, rapacious Eisner-types. They'll turn on you in a nanosecond, step all over you, and train their gunsites on you if you get in the way of their self-absorbed ambitions.

9 posted on 12/01/2003 4:09:03 AM PST by Liz
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To: Liz
The company was seen by virtually everyone associated with it as "rapacious, soulless, and always looking for a quick buck rather than long-term value," Mr Disney said.

My feelings exactly.

Pixar is where Disney should be, not "Brother Bear."

10 posted on 12/01/2003 4:14:13 AM PST by Aquinasfan (Isaiah 22:22, Rev 3:7, Mat 16:19)
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To: longfellow
Ping!

Leni

11 posted on 12/01/2003 4:15:35 AM PST by MinuteGal (Start saving your pesos for "FReeps Ahoy 3" in spring. Give each other a cruise for Christmas!)
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To: G.Mason; Byron_the_Aussie
That just about says it all.

Ditto.

12 posted on 12/01/2003 4:15:44 AM PST by Aquinasfan (Isaiah 22:22, Rev 3:7, Mat 16:19)
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To: Byron_the_Aussie
Heheh.....nice post. Pics tell it all.
13 posted on 12/01/2003 4:40:14 AM PST by Liz
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To: Happy2BMe
Eisner might as well be the unofficial dictator of Central Florida. Disney World today is basically a big marketing blitz- parents take their kids to the Magic Kingdom and the kids fall in love with Disney characters. The parents then end up buying videos, dolls and lots of other merchandise. As the kids get older, Disney World adds more attractions to keep their interest. Today they have stuff for all ages. The sad fact is that this is what these parks must do to survive. Marineland (America's first theme park) and Cypress Gardens (where water skiing and slalom skiing were invented) didn't go that route and have closed. Sea World almost sank as well (no pun intended). Some say that Eisner has ruined Walt Disney's dream. Others could easily say that our amoral society has made Disney's dream obsolete and that Eisner did what he had to in order to keep the company from following Marineland and Cypress Gardens into oblivion.
14 posted on 12/01/2003 4:44:05 AM PST by bobjam
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To: Liz
Eisner's been selling out the Disney brand for short term gain for along time now, anyone with two eyes that was willing to look at the company could tell you that. Its a shame that the stock holders and major shareholders have been so short sighted in this matter.

Eisner should have been gone a long long time ago, he has far outlasted his usefulness to the long term viability of the company.

Anyone could have made money by creating cheap capitalization of poorly produced cartoons and "sequels" of the existing catalog of Disney characters and products.... and make the quick buck now, but the inevitable outcome is a long term decline in the brands image and reputation.

Disney has without question gone from a respected world wide brand known for largely high quality family entertainment into just another entertainment giant out for the quick buck... and its truly a shame.
15 posted on 12/01/2003 4:46:58 AM PST by HamiltonJay
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To: Aquinasfan; G.Mason; Byron_the_Aussie
"Bad Santa" is an outrage. Eisner tarnishes a child's icon they have revered forever, a symbol of their hopes and dreams.

I would like to have been present when the pitch was made for this atrocious movie (which is rated Adult and getting good reviews).

I bet soulless Eisner loved the part about "Bad Santa's" oral sex. Then again, maybe the oral ses was soulless Mikey's idea.....soulless Eisner's contribution to perpetuating the Clinton legacy (gag).

16 posted on 12/01/2003 4:48:40 AM PST by Liz
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To: bobjam
"Some say that Eisner has ruined Walt Disney's dream. Others could easily say that our amoral society has made Disney's dream obsolete and that Eisner did what he had to in order to keep the company from following Marineland and Cypress Gardens into oblivion."

Are you part of the "some" crowd or part of the "other" crowd?

17 posted on 12/01/2003 4:52:39 AM PST by Happy2BMe (2004 - Who WILL the TERRORISTS vote for? - - Not George W. Bush, THAT'S for sure!)
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To: Liz
Anyone know what 'Bad Santa' did at the box office this weekend? Please tell me it bombed....
18 posted on 12/01/2003 4:55:22 AM PST by Jhensy
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To: HamiltonJay
Its a shame that the stock holders and major shareholders have been so short-sighted in this matter.

Some have but others haven't been fooled. One shareholder group sued Eisner for stacking the board with his minions. If Roy is smart, he will organize miffed shareholders, and try to pull a coup.

19 posted on 12/01/2003 4:57:45 AM PST by Liz
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To: bobjam
Some say that Eisner has ruined Walt Disney's dream. Others could easily say that our amoral society has made Disney's dream obsolete and that Eisner did what he had to in order to keep the company from following Marineland and Cypress Gardens into oblivion.

What would Walt do? Not this, that's for sure. He would have let the whole thing die before he would ever have given up on his dream.

20 posted on 12/01/2003 4:58:26 AM PST by Spiff (Have you committed one random act of thoughtcrime today?)
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To: Liz; Ff--150; billbears
Kudos to Mr. Disney. I guess there are a few decent people in the entertainment industry.
21 posted on 12/01/2003 4:58:33 AM PST by 4CJ ('Scots vie 4 tavern juices' - anagram by paulklenk, 22 Nov 2003)
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To: Liz
""Bad Santa" is an outrage. Eisner tarnishes a child's icon they have revered forever, a symbol of their hopes and dreams ......."

Eisner & Co. have been re-making Disney in their own image for many years.

My family and many friends have gone elsewhere for entertainment.

The word Disney has become synonymous with degradation.

22 posted on 12/01/2003 5:03:01 AM PST by G.Mason
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To: Liz
bump
23 posted on 12/01/2003 5:09:27 AM PST by PGalt
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To: Jhensy
Day after release figures are a good indication.


The Top Movies of Thursday, November 27, 2003
Movie Gross % Change Theaters Per Theater Total Gross Days

1 (3) Elf $5,700,000 +42.50% 3,202 $1,780 $108,000,000 21

2 (2) Haunted Mansion, The $5,100,000 +15.91% 3,122 $1,634 $9,500,000 2

3 (1) Cat in the Hat, The $4,800,000 -4.00% 3,464 $1,386 $52,700,000 7

4 (4) Gothika $3,300,000 +37.50% 2,382 $1,385 $28,600,000 7

5 (8) Bad Santa $3,100,000 +72.22% 2,005 $1,546 $4,900,000 2

6 (7) Missing, The $2,700,000 +42.11% 2,756 $980 $4,600,000 2

7 (5) Master and Commander: The Far Side of the World $2,700,000 +28.57% 2,703 $999 $54,800,000 14

8 (6) Timeline $2,200,000 +10.00% 2,687 $819 $4,200,000 2

9 (9) Love Actually $1,800,000 +28.57% 1,690 $1,065 $35,300,000 21

10 (10) Matrix Revolutions, The $1,100,000 +10.00% 3,024 $364 $128,800,000 23

24 posted on 12/01/2003 5:13:34 AM PST by Liz
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To: G.Mason
The word Disney has become synonymous with degradation.

And now, thanks to Roy, it's become synonymous with Eisner's soullessness.

25 posted on 12/01/2003 5:15:13 AM PST by Liz
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To: 4ConservativeJustices
It's too bad Roy can't appropriate the Disney name and have it removed from Eisner's atrocities.
26 posted on 12/01/2003 5:16:35 AM PST by Liz
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To: Liz
Excellent find. Although this should read:

"rapacious, lascivious, soulless, and always looking for a quick buck"

27 posted on 12/01/2003 5:35:33 AM PST by Lil'freeper
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To: Liz
I read a biography of Walt Disney. If I remember correctly, he did not like his nephew Roy's character. And when you look at Roy's attack on Eisner, Roy says nothing about the moral content of Disney's current products. His diatribe is strictly limited to business concerns.
28 posted on 12/01/2003 5:36:25 AM PST by Drawsing
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To: Lil'freeper
....... "rapacious, lascivious, soulless, and always looking for a quick buck".....

Great addition........ol' Mikey fits the description to a tee.

29 posted on 12/01/2003 5:40:11 AM PST by Liz
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To: veronica; duckln; vollmond; Liz; churchillbuff; Mr. Bird
Hey Veronica, remember when you taught us that Disney and Eisner are just the best of friends, back when Eisner used claims of anti-semitism as an excuse to purge Easterbrook from ESPN for saying the same things that Roy Disney is now?

Remember how we cheered the twisting of Easterbrook's words around to mean the opposite of what he actually said?
That was so classic.

30 posted on 12/01/2003 5:43:32 AM PST by EverFree
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To: Drawsing
......when you look at Roy's attack on Eisner, Roy says nothing about the moral content of Disney's current products. His diatribe is strictly limited to business concerns.......

Roy's reference to Eisner's "soullessness" speaks volumes, don't you think? Seems to me that was a reference to the moral vacuum in which Eisner operates. Besides, Roy is just getting warmed up. He's not going to go quietly. Let's see what he does next.

31 posted on 12/01/2003 5:45:23 AM PST by Liz
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To: elli1
Something makes me think that they would have found a way to kick the original Disney (Walt) off the board long before now if he were still alive.

That company no longer projects the true "Disney Spirit" that was always present when Walt was alive. The company had 'heart' back then and its family values were beyond reproach.

A lot of us grew up with Disney films and productions and it was always a special treat when Walt Disney would come on their TV show and talk about something special they were doing.

Look what Eisner has done.
(I'm not going to make a list because we all know what's on it))

32 posted on 12/01/2003 5:50:10 AM PST by capt. norm (Lead me not into temptation, I can find the way myself...)
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To: bobjam
I'm sure you are also aware that the Disney complex is, for all practical purposes, outside the local law enforcement's reach.

Before construction of the original park, the local governments gave up everything but the kitchen sink to get it to locate there. The state government did much the same thing. As a result, the Disney Parks are like a small sovereign country.

If something happens to you at Disney World, don't count on the local Sheriff's Dept. or any local police to help you. You deal with Disney Security or you deal with no one.

33 posted on 12/01/2003 5:57:22 AM PST by capt. norm (Lead me not into temptation, I can find the way myself...)
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To: Steely Tom
Does anyone remember... a particular shade of yellow in all their ads?

you jest?

34 posted on 12/01/2003 5:58:26 AM PST by King Prout (...he took a face from the ancient gallery, then he... walked on down the hall....)
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To: Byron_the_Aussie
??!!??!!??
this is the first I have heard of this abomination.
hopefully, assuming the damn thing tanks, it will also be the last.
35 posted on 12/01/2003 6:01:42 AM PST by King Prout (...he took a face from the ancient gallery, then he... walked on down the hall....)
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To: Liz
The minute Eisner is out Disney stock will go up like a rocket.
36 posted on 12/01/2003 6:31:10 AM PST by E. Pluribus Unum (Drug prohibition laws help fund terrorism.)
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To: Happy2BMe
Say, Hap, would you mind posting that tagline about the terrorist vote, centered, in bold, and enlarged 5-fold, about 100 times? Thanks.

P.S. Anybody know how to get it made into a bumper sticker?

37 posted on 12/01/2003 6:46:31 AM PST by Savage Beast (If Europeans have forgotten the price of appeasement, Americans are well qualified to remind them.)
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To: Steely Tom
Is yellow some type of code for homosexuals, honestly I don't know, I figure it must have something to do with them though.
38 posted on 12/01/2003 6:51:08 AM PST by mel
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To: Happy2BMe
I really don't know. It's sort of like a bowling alley in that the bowling alley doesn't make money on bowling- it makes money on concessions. That's what Eisner has done with Disney. Maybe I'm being pessimistic, but the sad reality is that the only place for Walt Disney's dream today seems to be Fantasy Land.
39 posted on 12/01/2003 6:57:04 AM PST by bobjam
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To: Liz; ALOHA RONNIE
As the pink ribbon wearing and pushing Eisner forces Roy out of Disney, Roy decides to fight back.

Lets hope that the board forces Roy out and ignores him.


That will enable the vile super liberal, Eisner, to really disable Disney. Eventually that will get him fired.

If ABC/Jennings, Eisner can't enable $inator Hildebea$t or some other diseased RAT to be elected president, the big money people will pull the plug on ABC/JENNINGS/EISNER.

Eisner will be on the street shortly after GW is sworn in for his second term in 2005.
40 posted on 12/01/2003 8:21:40 AM PST by Grampa Dave (Sore@US, the Evil Daddy War bucks, has owned the Demonic Rats for decades!)
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To: Liz
This article makes me even more proud of the fact that I'm the one of the few middle class parents in America who hasn't taken their kids to Disneyland or Disneyworld.
41 posted on 12/01/2003 8:27:02 AM PST by Fair Paul
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To: Grampa Dave
How very interesting.

I'm predicting that with DISNEY Presiding Chairman Sen. GEORGE MITHCELL's (D) forcing ROY DISNEY out on behalf of HILLARY's Friend MICHAEL EISNER...

EISNER was now free to finally bring BILL CLINTON's ABC-TV Morning Talk Show on the air like he's wanted to for over a year.

I'll never forget meeting a most gracious WALT DISNEY himself in Frontierland in 1956 where he was planning his innocent 'TOM SAWYER's Island."

Who would'a thunk..?
42 posted on 12/01/2003 8:37:37 AM PST by ALOHA RONNIE (Vet-Battle of IA DRANG-1965 www.LZXRAY.com)
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To: Liz
What a shame what Eisner had done with Disney.
43 posted on 12/01/2003 8:43:37 AM PST by Dante3
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To: ALOHA RONNIE
Ronnie, this is an interesting prediction, "EISNER was now free to finally bring BILL CLINTON's ABC-TV Morning Talk Show on the air like he's wanted to for over a year."

Just in time for $inator Hildebea$t to be drafted for 2004?
44 posted on 12/01/2003 8:44:37 AM PST by Grampa Dave (Sore@US, the Evil Daddy War bucks, has owned the Demonic Rats for decades!)
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To: Liz
It loks like Roy has given up. He's trying to sell almost half his shares.

http://biz.yahoo.com/t/72/297.html
45 posted on 12/01/2003 8:46:03 AM PST by Toskrin
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To: ALOHA RONNIE; Grampa Dave
You two are beginning to scare me. EISNER/CLINTON conection. Look out.
46 posted on 12/01/2003 8:52:55 AM PST by reagandemocrat (from a Proud Recallian)
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To: bobjam
Eisner is a self serving bum. He took a family oriented business and converted it to an unethical business, only concerned about political correctness, and a financially unprofitable company because all the profits were being stolen by Eisner and his cronies.
47 posted on 12/01/2003 8:58:35 AM PST by philosofy123
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To: reagandemocrat; ALOHA RONNIE
All of us need to be concerned about the super rich mediots like Eisner and their long time connections with the Clintoons.
48 posted on 12/01/2003 9:03:58 AM PST by Grampa Dave (Sore@US, the Evil Daddy War bucks, has owned the Demonic Rats for decades!)
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To: Byron_the_Aussie
Before

After


49 posted on 12/01/2003 9:12:44 AM PST by smith288 (Did you even look at yourself in the mirror when you left the house??? Ugh)
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To: Liz
I don't think he's exactly well liked at the news division of ABC. I used to work for a networked owned-and-operated ABC affiliate and we'd get really stupid emails from Michael every so often, addressing ALL Disney employees condescendingly as "Castmembers," sometimes mentioning the expensive and exotic vacation site from which he was sending his missives. You're the cartoon, Eisner.
50 posted on 12/01/2003 9:24:17 AM PST by arasina (CHRISTMAS! [just try and take my tag line away, Bloomberg])
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