“We are troubled by [American Airline’s] wealth transfer of nearly $1 billion to its labor groups,” JP Morgan analyst Jamie Baker said. Wall Street doesn’t want the money wasted on the little people, like workers and customers. (From the Huffington Post). Wall $treet investment banks like J.P. Morgan are most noted for their greed and snootiness about it, and their hiring nasty corporate lawyers and lobbyists to get their way. Investment bankers are bullies. But no one in the recent history of Wall $treet has ever uttered as contemptible a remark as did JAMIE BAKER, this carnival barker for profiteering off airline workers and consumers. JAME BAKER Sounds like the kind of sick, twisted, capricious person DONALD JOHN TRJUMP would hire in his Whitey House. From Huffington Post:
At 40 of the 100 largest airports, a single airline controls a majority of the market, as measured by the number of seats for sale, up from 34 airports a decade earlier. At 93 of the top 100, one or two airlines control a majority of the seats, an increase from 78 airports, according to AP’s analysis of data from Diio, an airline-schedule tracking service.