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The Value of a Spouse At age 26, Walt Disney was already the head of a successful cartoon studio in Hollywood, California. But business was less than rosy for the young cartoonist, because his principal property, Oswald the Rabbit, had just been wrested from his control by his financial backers. "Mrs. Disney and I were coming back from New York on the train and I had to have something I could tell them," He recalled. "I have lost Oswald, but I had this mouse in the back of my head..." Walt’s new creation was a little mouse in red velvet pants named "Mortimer." 'Walt's wife, Lillian, felt that was too pompous a name for such a cute character and suggested "Mickey'' instead.
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Peter D. Kaufman (Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition)