Cory Doctorow on Nostr: Wall Street freaked out and tanked AA's stock. Analysts for big banks were outraged. ...
Wall Street freaked out and tanked AA's stock. Analysts for big banks were outraged. Citi's Kevin Crissey summed up the situation perfectly, in a fuming memo: "This is frustrating. Labor is being paid first again. Shareholders get leftovers":
https://www.vox.com/new-money/2017/4/29/15471634/american-airlines-raiseLimiting the wealth of the investor class also limits their *power*, because money translates pretty directly into political power.
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Published at
2025-01-29 16:26:32Event JSON
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