This is the most massive criminal conspiracy that I have ever seen. This is Enron jacked up over 9000!
Things to note. Trillions of dollars of mismanaged funds, decades of corruption.
DISCLAIMER: This video reports on allegations made by an independent audit and features opinionated, subjective analysis of an editorialized nature. No official position is taken as to the guilt or innocence of individuals — such as Bob Iger — nor of corporations including Disney. Likewise, comparisons to other corporations and individuals in the past — including Enron — are of potential scope and scale, not of factual category nor of specific wrongdoing. Do not view this video as a means by which to make financial decisions nor as statement of legal fact.
Description:
Bob Iger and The Walt Disney Company have had a very bad day with the release of a new audit in Florida that purports serious criminal and conspiratorial corruption. Included in that audit are claims of government capture, bribery, quid pro quos with government officials, misuse of taxpayer monies, commodity fraud and more. A trillion dollars is on the table. And yes, that’s far more than the total value of The Walt Disney Company as currently constituted.
Short notes from the video.
1. Disney was running two fake cities and selling government bonds tax free illegally.
2. Disney set up a literal monarchy in Florida that
circumvented state and constitutional law.
3. Disney bribed government employees, took over local government.
4. Disney cherry picked the board members that were responsible for oversight, and bribed them
5. colluded with JPMorgan to fake the valuation of their hulu stake and streaming services.
The interesting thing here is the two fake cities with no citizens or city employees. They were selling government bonds to prop up their parks infrastructure projects.
Paying no taxes and while forcing the tax payers of forida to pay for EVERYTHING.
h/t KIT