LogFAQs > #878143005

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Topic	"... Labor is being paid first again. Shareholders get leftovers."
Antifar 04/29/17 1:09:16 PM #13:	Oh man, somehow this quote is worse http://www.vox.com/new-money/2017/4/29/15471634/american-airlines-raise JP Morgan’s Jamie Baker was even more scathing than Crissey. "We are troubled by AAL's wealth transfer of nearly $1 billion to its labor groups,” he wrote, suggesting that the move was not just contestable as a matter of business strategy, but somehow obviously illegitimate. They are not merely against the redistribution of wealth, but just its distribution in the first place --- an aspirin the size of the sun. <cite>Antifar posted [p:878143005] in "... ... [t:75288995]...</cite> <quote>Oh man, somehow this quote is worse http://www.vox.com/new-money/2017/4/29/15471634/american-airlines-raise <quote>JP Morgan’s Jamie Baker was even more scathing than Crissey. "We are troubled by AAL's wealth transfer of nearly $1 billion to its labor groups,” he wrote, suggesting that the move was not just contestable as a matter of business strategy, but somehow obviously illegitimate.</quote> They are not merely against the redistribution of wealth, but just its distribution in the first place --- an aspirin the size of the sun.</quote> ... Copied to Clipboard!
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