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Stock impact report

Report faults L.A. Times editor for paper's woes [CNNMoney.com]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: CNNMoney.com
Los Angeles Times editor-in-chief Davan Maharaj is the subject of a scathing new report alleging that his "ego, insecurity, and warped priorities" were responsible for dragging down morale and causing a staff exodus. The report, by Ed Leibowitz of Los Angeles Magazine, claims that Maharaj had "a grim determination to tighten his grip on power," leading him to denigrate employees behind their backs and sit on potentially explosive stories for months without explanation. While meeting with top investigative reporters to discuss an investigative series on the drug Oxycontin and its maker, Maharaj allegedly asked the team "to take a few moments to admire the Ferragamo shoes he was wearing." At another meeting, he "spent more than half an hour on his phone, trying to redeem airline miles for a trip he was planning to take." Much of Leibowitz's article deals with that investigative series on Oxycontin, which Leibowitz reports Maharaja inexplicably Show less Read more
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