Author: Scott Shepard

debanked

Scott Shepard: JPM & BofA Choose Politics Over Fiduciary Duties

FEP Commentary /
Last week Sen. Ted Cruz revealed that Intuit had been forced by its bankers – JPMorgan Chase and Bank of America– to deny services to gun manufacturers and sellers. How do these taxpayer-backed banks continue to get away with their ...
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Scott Shepard: Bob Iger's Diminished Disney: Time Shares, Betting Lines, and Inoffensive Retreads

Scott Shepard: Bob Iger’s Diminished Disney: Time Shares, Betting Lines, and Inoffensive Retreads

FEP Commentary /
In a commentary published at RealClearMarkets, Free Enterprise Project Director Scott Shepard notes that Disney CEO Bob Iger has so abused Disney that its plans to save itself rely on helping people bet on amateur sports, hawking time shares and ...
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Scott Shepard: Investment-House Collusion Suffocates Market Signals

Scott Shepard: Investment-House Collusion Suffocates Market Signals

FEP Commentary /
In the below commentary published at RealClearMarkets, Free Enterprise Project Director Scott Shepard wants to know: What shall we call a combination by three giant investment houses to use other people’s assets to force behaviors that reduce the productivity of ...
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Bud Light

Scott Shepard: Companies Should Prioritize Profits of Everyday Investors Over the Whims of Bill Gates & His Buddies

FEP Commentary /
In an op-ed published by RealClearMarkets, Free Enterprise Project Director Scott Shepard uses the Gates Foundation's massive purchase of Anheuser-Busch InBev (A-B) stock to explain why true capitalism -- as opposed to c-suite insurrectionism -- requires that fiduciary duty run ...
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writer angry writing

Scott Shepard: Hollywood Writers Have Scripted Their Own Redundancy

FEP Commentary /
For the first time since 1960, when Ronald Reagan was still president of the Screen Actors’ Guild, Hollywood’s writers and actors have gone on strike at the same time. This strike is technically larger than that one, since it involves ...
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Bob Iger

Scott Shepard: Bob Iger’s Dark Disney Magic: A Wrecking Ball for Wokeness

FEP Commentary /
Benjamin Franklin published a tract in London and Philadelphia in 1773 explaining the Rules by Which a Great Empire May be Reduced to a Small One. As good satire, it offered both humor and warning, but apparently the British no more ...
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Chase

Scott Shepard: Oops JPMorgan Chase Did It Again…Again

FEP Commentary /
JPMorgan Chase is back to debanking. Once again, it’s not providing any explanations. And once again it’s targeting people who dare to question the Left Government/Woke Business conspiracy against liberty. At about the same time, it appears, Chase debanked, without warning, Drs ...
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proxy advisory firms

Scott Shepard: The Profoundly Partisan Ways of Proxy Advisory Firms

FEP Commentary /
A lot of the responsibility for pushing corporations hard to the left in recent years lies with an until-recently little-known pair of proxy-advisory companies, Institutional Shareholder Services (ISS) and Glass Lewis. The profound partisan bias (as well as the profound ...
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Larry Fink

Scott Shepard: Larry Fink Abandons Failed “ESG” Phrasing for ESG Phrasing

FEP Commentary /
Larry Fink is “ashamed.” Quite right, you may respond. But this being Larry Fink, he’s not ashamed of what he should be ashamed of. He’s not ashamed of misusing other people’s assets to push his own personal policy preferences. He’s not ashamed ...
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winning

Scott Shepard & Stefan Padfield: The Pro-Fiduciary-Duty Movement is Winning

FEP Commentary /
Advocates for Environmental, Social and Governance (ESG) policies label opponents as “anti-ESG.” But what we really are is pro-fiduciary-duty. On June 1, 2023, Heidi Welsh, Executive Director at the Sustainable Investments Institute, posted “Anti-ESG Shareholder Proposals in 2023” on the ...
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