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Bob Iger, former CEO of Disney, discusses the clash of personalities between Disney executives, the uncertainty in the oil market, and the increased demand for bacon leading to a new processing plant. The podcast raises questions about Iger's ability to find a suitable successor for Disney.
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Quick takeaways
- The next European Central Bank meeting may see a clash between policymakers advocating for a 75 basis point rate increase and those recommending smaller increases, highlighting concerns about inflation and a potential recession.
- The recent shake-up at Disney, with former CEO Bob Iger replacing CEO Bob Chapek, exposes a clash of personalities and concerns over Chapek's leadership, including poor handling of company restructuring and public disputes, and the role of streaming in Disney's decision-making.
Deep dives
European Central Bankers Clash Over Interest Rates
A clash of monetary policymakers may unfold at the next European Central Bank meeting. Austria's hawkish Central Bank chief is advocating for a 75 basis point rate increase to combat inflation, while other central bankers recommend smaller increases due to concerns of a recession. The ECB's chief economist has indicated that 75 basis point increases may not be necessary. The central bank will make a decision at its next meeting in mid-December.
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