Mergers were supposed to mean cartel upgrades instead scam stock buybacks get 4 carteliers $12B

Discussion in 'Newsstand' started by ahappyelite, Aug 7, 2018.

  1. ahappyelite

    ahappyelite Silver Member

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    The way you KNOW mergers were corrupt was that EVERY promised upgrade was not just a lie it was an audacious lie. All of this scamming was in the cards a decade ago before the mocking of America a handful of collusive airlines for a the worlds largest economy.
    Airline execs and Wall Street hoovering up all they can slimily grab, manipulating their stock so they can divide billions in spoils and sell fewer stocks at higher prices. Meanwhile many employees are on starvation wages. And Delta is looking for 40 year rethread planes-despite a $5B Buyback. United with a $3 billion buyback; Southwest $2billion 4 airlines and $12 Billion in buybacks within the last year or so.
    https://www.cwa-union.org/news/rele...-billion-in-stock-buybacks-over-30-members-of
     
    Last edited: Aug 7, 2018

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