Eugene David
...The One-Minute Pundit

Monday, July 19, 2004


A hero ain't even a SANDWICH in LALALand:
 
Disney executives have acknowledged they overpaid for [the ABC Family channel]. Critics, including former board vice chairman Roy E. Disney, say the deal shows Eisner's poor management skills.

Roy Disney and another former board member, Stanley Gold, approved the deal, but said they did so based on optimistic growth estimates from management.

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