"The companies owned all the characters and all rights to the material submitted by the creators..." - Jim Shooter Under Oath
People generally have two ways of looking at Shooter - he's either the prime example of everything that has ever been wrong in the comic book industry since the dawn of time, or he's a visionary who was, at best, misunderstood by the very same people he tried so hard to help. Oddly enough there's very few people who sit in the middle of that fence, but such is the impact of Jim Shooter that even today, decades after he left Marvel, his name still brings strong reactions from people. it doesn't matter if people talk about Shooter as a writer, an editor or an artist - his very name polarises people.
As Shooter was the EIC at Marvel from 1978 through to 1987 it was no surprise that they'd approach him to testify on their behalf. What follows is Shooter's own words about what happened at Marvel in the late '70s and the early '80s and when reading this, it's worth bearing an expression in mind - as many people will say, if Shooter believes something then it's the truth, in Shooters eyes. It matters not how many people can prove him wrong, or what evidence they may have, if he firmly believes it then it happened, as far as he's concerned. Now, have at you!
DIRECT EXAMINATION OF JAMES SHOOTER
SHOOTER: If that's what I was told by the people upstairs, I would have told him there was no money to be had.