Disney directors would have to be deaf and dumb not to understand they're under a microscope, ... The shareholders of Disney will examine this process very carefully to understand whether the Disney board has learned anything from the Ovitz matter.
More Quotes from Greg Taxin:
I think it's a fairly enlightened action by this board. That's not a place the Disney board has often found itself. It's not perfect, but it's better than 99.5 of the companies out there.Greg Taxin
The tilting of the playing field in favor of their hometown corporation makes Pennsylvania an unsafe place for investors. The whole purpose of law is to provide predictability, and what the legislature appears to be doing is to change in the middle of the game the rules that everyone was playing by.
Greg Taxin
It's possible in a company that big that seeking more modest changes increases your chance of getting a result.
Greg Taxin
It is a sad day in the history of a public company when its best argument is that it previously filed false statements with the SEC.
Greg Taxin
Institutions from around the world have invested billions of dollars in Pennsylvania's public companies with the expectation that as investors they would be treated fairly. This sort of mid-game rule changing to benefit the home team makes Pennsylvania a dangerous place to invest.
Greg Taxin
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