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    Selling Greece to Disney Solves Europe’s Woes: Alice Schroeder

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    ivyivy

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    Join date : 2010-01-08

    Selling Greece to Disney Solves Europe’s Woes: Alice Schroeder

    Post  ivyivy on Thu Jun 24, 2010 5:24 am

    April 28NCIS season dvd (Bloomberg) -- The House box set
    following is this columnist’s look into the future of Europe’s debt crisis. A news story on Jan. 5, 2011, may look something dvd ncis like this:

    Morgan Stanley topped 2010 global House dvddebt-and-equity league tables and broke banking records by representing Walt Disney Co. in its $120 billion acquisition of Greece.

    Explaining why Morgan Stanley heavily House dvdsdiscounted its fee to win the prestigious assignment, Chief Executive Officer James Gorman said underwriting the deal that brought Greece’s 179 years of independence to an endHouse MD dvd showed the world his ownbuy Supernatural DVD firm had recovered NCIS dvd from the financial crisis.

    “When you come that close Bones DVD Season
    to a near-death experience, our only focus is toBones DVD make sure our own company survives,” Gorman said.House seasons “How 3,000 years of somebody else’s history is managed is not my problem as long as ourdvd disney clients are well served.”

    As one of the terms, ncis box set Greek Primewalt disney dvds Minister George Papandreou took a new role greetingSupernatural dvd series visitors at the new EuroGreece Park located at the Acropolis. To acquire such cultural walt disney dvd box set treasures for Disney, Morgan Stanley arranged the sale, which box set disney moviesincluded $60 billion of common stock and $60 billion of assumeddisney dvds debt.

    GoldmanLost dvds Sachs Group Inc. was replaced by UBS AG as adviser to the European Union as part of Goldman’s consent agreement with the Securities and Exchange Commission, in which Goldman neither admitted nor denied disney movies on dvd civil-fraud allegationsSupernatural box setin its dealings withNCIS dvd investors.

    Goldmanwalt disney dvds Stake

    Goldman Lost dvd seasonsSachs’s Private Equity Lost dvdGroup tookwalt disney movies dvd a 15 percent stake in Greece alongside Disney. One wing of the European Monetary Union, led by German Chancellor Angela Merkel, Supernatural dvd box set argued that Disney and Goldman underpaid compared with Greece’s $333 billion gross domestic product. Others point out that the former sovereign is worthless, because its obligations are growingdisney movies dvd faster than its citizens’ ability to ever repay them.

    In its fairness opinion, UBS saidLost box set synergiesNCIS season dvd between Greece’s untappeddvd disney intangibleSupernatural DVD Seasons assets and dvd ncis the execution skills of the world’s largest media and entertainment NCIS dvd company could close Greece’s 13.6 percent budget gap. No other offers for Greece were received except a proposed merger with the Republic of Albania ncis box set whose terms included no cash to repay the EuropeanLost seasons Union.

    Disney’s Supernatural dvdsdecision to buy GreeceSupernatural DVDhas beenNCIS dvd credited to Steve Jobs, CEO of Apple Inc.Lost complete colletion and Disney’s largest shareholder. In 2009, Jobs told Disney to “dream bigger,” setting into motion a NCIS season 7 dealwalt disney dvd box set that is generating a new series of Disney hit NCIS Complete seasons dvd movies and product spin-offs, and transforming NCIS dvd season the theme-park industry.

    ThemeBuffy The Vampire Slayer dvds Parks

    Already under construction Buffy The Vampire Slayer are Space Mountain Olympus, the Pirates Buffy dvds of the Aegean water theme park covering hundreds of nautical miles, the Little Mermaid Harpoon thrill ride, and “Trojan,” a multimedia adventure that themarried with children dvd company reassured shareholders yesterday will not be box set disney moviesadult-themed.

    Disney married with children tv showCEO Bob Iger has saidmarried with children dvds his favorite idea Buffy The Vampire Slayer dvd box set to improve Greece’s margins is golf-themed cruises aboard three ships -- Aphrodite, Artemis and Athena -- which are scheduled for delivery in 2013 and will stop at many of the 1,400 private islands that Disney acquired in the deal. Experiences like these are expected to substantially increase the number of touristsmarried with children dvd seasons beyond the 16 million who now visit Greece each year and plug a $45 billion annual revenue hole by wringing euros out of remote sea-locked acreage that had been thought buffy complete box set dvd to have no value.

    Greek disney dvdsMythology

    Disney also is proceedingmarried with children dvd box set with its morebuffy The vampire slayer all season controversial plans. “Our own brand, like Greece’s, is so powerful because of our heritage,” says Iger. “They have Aristotle, we have Mickey Mouse. buffy The vampire slayer dvd 1 7 But you’ve got to innovate.”

    In the past, Disney rarelymarried with children box set attempted entertainmentBoston Legal DVD based on Greece’s mythology and early history, the exception being the film “Hercules.” The incest- and rape-filled origins of the Greek pantheon of gods and the prevalence of homosexuality in early Hellenic culture had been deterrents for the family- oriented company. Doctor Who dvdsAccording to the Morgan Stanley filing, Greece offered Disney the opportunityTwo and a Half Men dvd to extend its brand by creating the new “Disney Odyssey married with children dvd series Division.”

    Notdisney movies on dvd all agree with the moveTwo and a Half Men dvd box set . “This is classic Two and a Half Men dvds mission drift,” activist investor William Ackman, head of Pershing Square Capital Management, said in a press release. “Modern-day Greece is nowhere near as good a brand as Target, and I nearly lost my shirt on that one.” After nominating himself to Disney’s board, Ackman posted a 40-minute YouTube presentation proposing an alternative, tax-free swap of Greek gaming assets with WynnTwo and a Half Men dvds Resorts Ltd.

    Racy Doctor Who dvd box set Version

    According to Disney spokeswoman walt disney movies dvdZenia Two and a Half Men seasons dvd Mucha, the company had already tested the waters successfully for a racier version of Disney with its ABC Family television network. ABC Family’s hit campus satire about sororities and fraternities, “Greek,” has now been renewed for a fifth season. Disneyone tree hill seasons 1 6 sees potential for cross-sponsorship arrangements from advertisers such as Two and a Half Men dvd series Nike Inc. One Tree Hill dvd seasonand Apollo Investment Corp.

    The deal, which House box set some say has theCOLD CASE dvd potential to outdo the East India Co.’s exploitation of India, also brought Disney a collection of iconic antiquities. Management of COLD CASE dvdsthese works by the Odyssey Division will enable the company COLD CASE dvd box setto display themOne Tree Hill dvd box set without altering explicit Doctor Who dvd series elements.

    Disney is House dvdsnonetheless anticipating COLD CASE on dvdprotests from religious groups and possibly museums. People familiar with the company say it has bought statuary appendage insurance from Lloyd’s of London. Mucha House dvdwouldn’t confirm this, but said, “There are people who think we put subliminalone tree hill dvd season messages of a sexual nature in our movies. At least with the statues thereCOLD CASE dvd season no long will be Internet debates over whether you can see theCOLD CASE dvd series male parts.”

    “We are proud to be associated Doctor Who dvd box setwith this landmark transaction that reflects the changed global face of commerce,” Morgan Stanley’s COLD CASE tv Gorman said.House MD dvd “In managing Disney’s recently announced offering for Denmark, we believe our experience executing the Greece transaction will be indispensable toOne Tree Hill dvd release the company’s strategic pursuit of Tivoli dvd one tree hillGardens.”

    The market was One Tree Hill dvdfilled yesterday with one tree hill box setspeculation about similar deals, including reports that Diageo Plc is in discussions with Ireland, Spain and Portugal, three countries known for their alcohol productionMash dvd season andHouse seasons consumption.








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