Disney Board Running Scared

You know when you’ve done something wrong and you’re hoping no one will find out, but you know that eventually they will, so you try and turn the tables in your favor stacking the deck for an ending you can tolerate. Well, the Disney Board of Directors is making the same moves right now. If their plan works, then the shareholders will be prevented from electing members of their choice to replace the ineffective board the company has now. Looks like the SEC might cave to Disney’s wishes too.