16, when it filed a class action against the New York Stock Exchange and seven of its member firms. CalPERS’ suit charges the NYSE and specialist firms with fraud, alleging that the exchange skirted its regulatory duties and allowed its members to trade stocks at the expense of ...
The Pooh affair may seem minor at a time when Eisner is under attack for Disney’s chronically weak stock price and ABC’s anemic ratings, but the Disney chairman hardly needs more jostling from a Silly Old Bear. What’s more, the impact could be significant. After acknowledging to t...