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If you thought Disney War was light reading, then you'll be happy to dive into the Conglomerate Blog Forum on the Ovitz/Disney Shareholder case. The general concensus seems to be that corporations and their boards have wide leeway to pretty much do as they like as long as they're following the rules that they themselves
Roy Disney, you just gave up the good fight against the un-Disney ways of the companies Board of Directors, CEO, and President. What are you going to do next? How about launch a race of billionaire's yachts from California to Hawaii. Disney's Yacht, Pyewacket, is a favorite to win in the race that starts Sunday.
Today is a big day of events at Disney themeparks around the world. The kickoff of the 18 month long celebration of Disneyland's 50th anniversary begins today. If you can't be there yourself, I suggest keeping a close eye on LaughingPlace.com's coverage. They have live photos from the parks including celebrities from yesterday's invitation only