Ex-Disney accountant alleges major accounting fraud in parks and resorts division

[HmmmmmMMMmm]

The kind of deliberate manipulation of stock prices is more criminal than the possible accounting irregularities.

Some disgruntled employee with literally no credible evidence or source makes a generic statement and these financial news outlets print it. Shame on them.

They have no credible evidence? You seem to know more than any of us know? How did you acquire your intimate knowledge of the the inner workings of this case?
hmmmmmMMMmm....

 

[Chef Mickey]

What is your basis for claiming the author is lying about having documents?

I’m speaking in general, but her issue isn’t new. The documents in question need to be verified for authenticity and Disney be given a chance to make a statement.

She may have documents, but she may not understand the entire situation even as an employee. I am in finance at a Fortune 10 and this type of stuff can be very confusing if you don’t have all the facts.

 

[HmmmmmMMMmm]

I’m speaking in general, but her issue isn’t new. The documents in question need to be verified for authenticity and Disney be given a chance to make a statement.

She may have documents, but she may not understand the entire situation even as an employee. I am in finance at a Fortune 10 and this type of stuff can be very confusing if you don’t have all the facts.

tl;dr: you're saying what you wish was true and not speaking with any facts? Doesn't that make you just as bad as what you're accusing this employee of?

 

[ProjectXBlog]

The kind of deliberate manipulation of stock prices is more criminal than the possible accounting irregularities.

Some disgruntled employee with literally no credible evidence or source makes a generic statement and these financial news outlets print it. Shame on them. They should be charged if this is a lot of nonsense...the ex employee and Dow Jones owned Marketwatch. You can’t just say this stuff without consequences. This is real money people lose. The same happened with GE last week.

CNBC does the same thing. No due diligence...just start reporting bearish news because that’s what gets viewers. Stocks going down is soooo much better for clicks and TV viewers that they’ve lost all form of honor or credibility in their reporting.

Same with AAPL. A few years ago was the worst during iPhone 6 and iPhone 7. Mysterious ZERO credibility “supply checks” say iPhone is struggling to sell, stock drops and Apple reports good numbers that negate it, but damage was done. No named source, just “people familiar” with the situation.

This manipulation is criminal and big institutions are behind it in many cases, particularly with the fake news.

i honestly have a hard time believing any publication would put an article like this out there without thoroughly vetting their sources. disney has garnered a reputation for literal decades as having a crack team of legal eagles that won’t hesitate to sue someone for putting mickey on a preschool, let alone libel

 

[UNCgolf]

They basically just reported that the SEC was investigating claims by a former employee and laid out those claims. There's nothing wrong with reporting that, especially with the SEC involved.

I deal with the SEC somewhat regularly, and the fact that they are looking into it certainly doesn't mean there's anything there, but they're going to do interviews and poke around and see what they find.

 

[Chef Mickey]

tl;dr: you're saying what you wish was true and not speaking with any facts? Doesn't that make you just as bad as what you're accusing this employee of?

I’m not moving the stock price and destroying millions of dollars in shareholder value.

 

[lazyboy97o]

I’m speaking in general, but her issue isn’t new. The documents in question need to be verified for authenticity and Disney be given a chance to make a statement.

She may have documents, but she may not understand the entire situation even as an employee. I am in finance at a Fortune 10 and this type of stuff can be very confusing if you don’t have all the facts.

I wasn’t asking about the employee. I was asking about the author of the article who claims to have additional documents. Is she a known hack?

 

[HmmmmmMMMmm]

I’m not moving the stock price and destroying millions of dollars in shareholder value.

You spoke with authority of what you wished was true (or was told to say was true) and not what you know to actually be true.
Shill is Shilling Shilly

 

[Chef Mickey]

i honestly have a hard time believing any publication would put an article like this out there without thoroughly vetting their sources. disney has garnered a reputation for literal decades as having a crack team of legal eagles that won’t hesitate to sue someone for putting mickey on a preschool, let alone libel

It just happened to GE. Look, I’m just saying this needs to be handled VERY responsibly and many of these news outlets pick up a story and just print it. All of them aren’t doing due diligence. I’ve seen it plenty of times on other stocks like Apple.

 

[Chef Mickey]

You spoke with authority of what you wished was true (or was told to say was true) and not what you know to actually be true.
Shill is Shilling Shilly

Now you’re getting it. Until the truth is known, we need to use discretion and those that don’t need to be investigated themselves.

 

[smile]

documents

which reportedly indicate a pattern of interaction with the sec that both francine mckenna and jordan a. thomas think is worthy of attaching their names to

 

[bartholomr4]

You spoke with authority of what you wished was true (or was told to say was true) and not what you know to actually be true.
Shill is Shilling Shilly

Again, All this from someone who just joined the forums as a new member 24 hours ago, and acts as he has been here for years. What is your story?

 

[HmmmmmMMMmm]

Again, All this from someone who just joined the forums as a new member 24 hours ago, and acts as he has been here for years. What is your story?

 

[Andrew C]

Again, All this from someone who just joined the forums as a new member 24 hours ago, and acts as he has been here for years. What is your story?

He wants to be noticed. Wants everyone to think he’s someone in the know. Kinda weird.

 

[matt9112]

Seems like a bunch of things are going on...at once...during the week of D23...

Is the walt disney company invading iran this week?

If you get the joke internet high five for you!

 

[HmmmmmMMMmm]

He wants to be noticed. Wants everyone to think he’s someone in the know. Kinda weird.

Another premium member attacking those who don't tow the company lie?

 

[Kamikaze]

You're correct. I saw some information where someone on reddit didnt know why stock had gone down and someone responded with the article.

Either way, that amount of drop is a normal fluctuation.

 

[wm49rs]

Another premium member attacking those who don't tow the company lie?

And someone going after Premium members just puts you right in the thick of things, doesn’t it?

 

[HmmmmmMMMmm]

And someone going after Premium members just puts you right in the thick of things, doesn’t it?

*thicccccccc
and i've only gone after those who have quoted me to go after me.

 

[wm49rs]

thicccccccc

More prattle from the thick, eh?