SEC faults Disney for failure to disclose relationships

Disney failed to disclose relationships between the board and other family members who worked for the company or its subsiduaries. In a concent agreement with the SEC, Disney will avoid any fines but could be subject to stiffer penalties should they fail to make proper disclosures in the future. So much for clean corporate governance.

CNN/Money also looks at the value of Disney stock in their stock spotlight. (Warning: you have to click on the javascript pop up at the bottom of the story to get the full story with charts and graphs).