Part 2/12:
One of the most notable developments came from South Carolina. According to the state’s Treasurer, Curtis Lofton, South Carolina is pulling out approximately $105 million worth of Disney investments, citing a "tremendous loss to America." This divestment reflects broader concerns over what Lofton describes as "structural rot" within Disney. He laments that the "sane people at Disney are gone," suggesting that the company’s management has shifted focus away from its fundamental goal of maximizing shareholder profits.