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Five Ways to Profit – By the Dawn's Early Light

During the wildly productive portion of his tenure as the head of the Walt Disney Co. (NYSE: DIS), then-CEO Michael Eisner had simple-but-elegant formula for success.

He was obsessive about controlling costs. He repeatedly urged his movie-development folks to focus on “singles and doubles” – instead of on home runs.

And he insisted that the best movie ideas – those with the greatest chances for success – would be so powerful that they could be summarized in two sentences or less…

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    EPA Official Resigns over Crucifixion Comments

    On Friday, we discussed the regulatory philosophy of certain Environmental Protection Agency officials in how they regulate the U.S. oil and gas sector.

    Dr. Alfredo Armendariz, the EPA regional administrator for Region 6, was overly candid in a 2010 policy discussion in which he said that the agency's stance is to "crucify" a few oil and gas companies in order to set an example and force the rest of the industry to submit to new rules.

    "You make examples out of people who are not complying with the law," he stated.

    Now, it looks like those comments have cost him his job.

    Morgan Little at the LA Times explains.

    "Alfredo Armendariz, a regional administrator for theEnvironmental Protection Agency, has resigned in the wake of criticism for comments made in Texas two years ago comparing the methods of the EPA to those of Romans using crucifixions to conquer foreign lands."

    The resignation is certainly a starting point in order to limit the political damage.


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