4 ms·
Reminds me of when American Airlines gave their workers a raise[1] resulting in financial analysts saying things like: > “This is frustrating. Labor is being p
by AlexandrB 6y ago
Reminds me of when American Airlines gave their workers a raise[1] resulting in financial analysts saying things like:
> “This is frustrating. Labor is being paid first again,” wrote Citi analyst Kevin Crissey in a widely circulated note. “Shareholders get leftovers.”
Pretty amazing that someone could write this without a hint of irony.
[1] https://www.vox.com/new-money/2017/4/29/15471634/american-airlines-raise https://www.vox.com/new-money/2017/4/29/15471634/american-ai...
- ghufran_syed 6y agoYou mean a note written to help determine the value of a stock focuses on the effect of a decision on that stock rather than something else that you (a non-shareholder possibly?) find important? Do you really find that surprising? Should be no more surprising than the idea that an internal union communication would focus more on benefits to workers instead of benefits to shareholders. Neither of the above is meant to be some kind of ethical treatise, why would we expect them to be so?