Wow, what a week!

Well, that’s about as ‘whip sawed’ a week as they come eh?  It’s like being on the cruise ship in high seas: 

up, down, up, down…

Disney’s stock through it all has still held up pretty well though.  Which is admirable.  I suspect we won’t see much movement one way or the other until the end of the year announcements next month.

Couple of interesting articles out this week, one financial and one not.

The first of course is that Disney and the government of Hong Kong came to an agreement over the loans the park needed to refinance with Disney taking them on.  If the park/government had to go to the market in this mess of an economic environment, it would probably have been costly indeed (if not down right impossible to secure).  I don’t think it was a coincidence that the announcement came out when it did (October 2), since it’s after the first of the fiscal year and Disney won’t have to show the encumbrance on their books until the end of the first quarter (i.e. after the first of the year).  That’s good business sense in this environment.  The AP article is here.

Likewise there is a fun piece in the Nova Scotia Business Journal written by Kendra Trahan, the current president of the NFFC.  It’s a nice little article about some of Walt’s business practice and how they apply to companies today.  Check it out.

Traveling to the World on Thursday this week for being doings on Friday.  We’ll be taking in the Not So Scary Halloween party on Friday night.  Hope it doesn’t rain this year like it did last year when we went.  Cross your fingers!