Cal Alpa Wall Street March - All Cal Pilots Must Read

[PCL_128]

No, this stuff works. This gets us media attention, and it gets us attention from the institutional investors. Institutional investors don't like labor unrest. If they worry that it will affect their investments too much, they'll put pressure on management to make a deal, and the only people that management listens to nowadays are the big Wall Street investment firms and hedge funds. If you get their attention, then you get management's attention.

 

[pipe]

I'm probably way too cynical. Big business has gotten so freaking cutthroat that labor unrest probably attracts capital. It tells the Donald Trumps that "hey, these guys must really be pushing their labor costs down".

Happy employees means that pay and benefits are too high. Like I said, I'm probably too cynical.

PIPE

 

[jonjuan]

No, this stuff works. This gets us media attention, and it gets us attention from the institutional investors. Institutional investors don't like labor unrest. If they worry that it will affect their investments too much, they'll put pressure on management to make a deal, and the only people that management listens to nowadays are the big Wall Street investment firms and hedge funds. If you get their attention, then you get management's attention.

Except for the fact that most investment banks are no longer downtown, they have moved to Midtown. Most hedge funds are now in Greenwich, CT and Bermuda, not on Wall Street.

 

[PCL_128]

Except for the fact that most investment banks are no longer downtown, they have moved to Midtown. Most hedge funds are now in Greenwich, CT and Bermuda, not on Wall Street.

A picket in Greenwich, CT won't yield as much publicity as a picket on Wall Street. Having a few hundred pilots walk down Wall Street with picket signs will produce media coverage on CNBC, Fox Business News, Bloomberg, etc... A picket in Connecticut would hardly be noticed.