In an interview with Fox Business Digital interview, Loftis blasted the company's alignment with the Environmental, Social, and Governance social agenda.
He said, "People sometimes forget that ESG has nothing to do with investing. ESG is a speech and behavior code that was … created by the left and delivered to everybody else under these virtuous circumstances, or presumed circumstances."
He charged that running Disney now is "the gender studies crowd … That's why their movies are flops and their market cap, I think, is about half what it used to be. It's a tremendous loss to America, we all grew up on Disney."
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