“We will never surrender”

Top media executives sounded much like British leaders during the WW II blitz. Disney CEO Michael Eisner told today’s Wall Street Journal that Monday’s investor pessimism was unwarranted: “I think it underestimates the strength of the American system,” he said. Viacom Chairman Sumner Redstone declared: “I think the world is going to return to normalcy much more quickly than people realize.”

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