Skip to main content

It took me 20 minutes to find on the Disney website...but here I believe is the e-mail address for the Disney Corporation for corporate governance and all that:

And below the fold is my missive to them:

Subject:     Path to 9/11: Impact for Disney Share Prices

To Whom It May Concern:

I have been following the brouhaha behind the right-wing propaganda ABC is planning to air entitled "The Path to 9/11." I suppose you may not remember a similar brouhaha behind a hit piece the Sinclair Broadcasting was planning to broadcast about John Kerry; news of the event adversely affected share prices.

I plan to be shorting Disney stock in the next few days and making sure my portfolio contains no long positions in Disney stock as ETFs or mutual funds,  because if this example of corporate governance is any guide, it is clear that Disney is ill-suited to be a brand worthy of my investment dollars.


Disinvestment of Disney and advertiser boycotts are mightly in order here.

If the share price of Disney is hammered down (remember how their Eisner troubles a while back were responded to by threats from dissident shareholders?) then I think Disney, like Sinclair before them (remember their attempt to swiftboat Kerry?) will fold like a cheap chaise-lounge purchased at Wal-Mart.

On Edit: Some commenters below have noted that a short position does require you to buy back shares later, and this can reduce the downside for Disney investors. Not everyone can or should short; it maintains an ongoing risk of a share price rise. Also, as I noted below, it's a good idea to divest your S&P 500 fund if you have a 401(k) account - it also hits Disney's advertisers, and you can tell them why you're divesting. If you've got a 401(k) plan, it's a good idea to examine that for Disney's presence there. Besides, it's September. The market's volatile anyway this time of year.

Also among the advertisers you can hit are the following: AT&T Cingular Ford Procter & Gamble Toyota Unilever, Universal Pictures (Note they haven't been announced, to my knowledge, to fund the right-wing propaganda, but since they're giving money to the propagandists, they might as well be called to account) Disney's share symbol is DIS.

Originally posted to Mumon on Tue Sep 05, 2006 at 08:47 AM PDT.


Did you write to Disney yet threatening their share prices?

68%13 votes
31%6 votes

| 19 votes | Vote | Results

Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags


More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site