When Michael Eisner hired Michael Ovitz to be president of Walt Disney, he got the most powerful man in Hollywood. Their falling-out was a high-profile scandal even by Hollywood standards. Now, they're both defendants in a suit charging that Disney's Board of Directors should have seen it coming and, in the process, saved $140 million. This week in Delaware, Disney shareholders are trying to prove that the Board of Directors failed to review Ovitz's contract, and then let Eisner remove him just 14 months later with a face-saving deal that cost the company $200 million. National Public Radio correspondent Kim Masters, whose books include The Keys to the Kingdom: How Michael Eisner Lost His Grip
, looks at what's at stake for all parties in the real-life trial that Hollywood never could have scripted.
- Making News: California Voters Want to Eliminate the Electoral College
California has been ignored by both President Bush and Senator Kerry, as they battle it out for electoral votes in states like Iowa and Nevada. Years of being so overlooked has California voters are thinking it's time to reform the Electoral College or get rid of it altogether. Mark Baldassare, director of research at the Public Policy Institute of California, has the details.
- Reporter's Notebook: Will California Performance Review Bring Big Changes?
After months of secret meetings, Governor Schwarzenegger's California Performance Review came up with 2500 pages of cuts it said would save $32 billion in five years. Now, the California Performance Review Commission has examined those findings, but says that much of the work needs to be done over because it didn't address the state's real problems. Commission co-chair Bill Hauck, who is a veteran of Sacramento, has more on the fate of the Governor's plan to restructure government.
PPIC on voters, Electoral College
Prop 62: Blanket Election Initiative
Skelton's LA Times column on California's being cut out of the presidential action
Colorado Amendment 36 on selection of presidential electors
Walt Disney Corporation
Masters' Morning Edition feature on the impending lawsuit against Disney
California Performance Review Report