Well, some of us have been throwing out the "corporate greed" card way before it was en vogue. To not see the factual correlation between what is almost becoming an oligarch type society in many sectors and the profiteering by corporations is looking blindly at the situation then.
A company like the Walt Disney Company used to be comprised of small investors including the family with a share or two, medium sized investors, pension systems, and a cabal of various investment firms and/or individuals. That's not what is going on today. Most of our major corporations are controlled by investment groups-firms/private equity and/or corporate raider "activist" slime like Carl Icahn. The job of the corporation is to be a money making press for these small number of individuals today. I'm quite a firm believer in a very capitalistic society, but what's going on here is insane.
There is a reason why this is being called the Guilded Age Part 2. For all the crap that people own from their iPhone to tablets to whatever, they pay rates that are off the charts here in the United States compared to the same services throughout the world and think that they have it great, yet have no savings and their money bleeds to these companies. When it's now considered a great deal to get cell phone service for $45 a month or cable TV for less than a $100, ask our friends elsewhere and their eyes pop out at high those costs are compared to theirs.
Bob Iger's only true job is to create a return for these few groups that control the vast interest in the Walt Disney Company and only the naive would think that he doesn't look to continue to line his own pockets. If the company goes to mush in five years, why'd he care? He's out and he's cashed out. For all of Eisner's ills, ego (duh, it's the entertainment business), I think it was always clear that he gave a damn about the company and it's heritage actually meant something. I wonder when a MARVEL (R) comic staring superhero Walt Disney is coming from the Iger crowd?
