Sirwalterraleigh
Premium Member
They love him because he was a figurehead of throwing money around from the housing crash-2020…Thats the real problem is that its been underperforming during the biggest bull market ever prior. Ive said this before ill say it again. Iger to me is the most over rated CEO ever. Media loved him for what i have no idea. To me he has been someone definitely missed out on Disney’s full potential
He represents everything that the “free market” tries to convince you can last forever:
He spent gobs buying stuff That’s overvalued
He throws money around overseas…”untapped” gold mines with $1 an hour labor
He screwed his customers methodically, systematically…without apology.
A bankers/brokers dream. We’re all rich and we’ll all be way more rich everyday this week.
But the times are catching up. If you watch the financials…everyday of 2 years of recession watch, the look at labor and spending stats and try to spin it at much better than it could be…
…then they bring on the ceo of Chase, Bank of America or Citibank and they say: “….ehhh…I wouldn’t get too carried away”
Those just happen to be the 3 largest creditors in the free world…they might know a bit more?