Yes, Bank Of America (Merrill Lynch) really did say that and yet these people in the top 1% want us to believe that giving corporations a tax break will result in more and/or better-paying jobs for the rest of us (and not just bigger dividend checks to the company stockholders). Yeah,…right.
Bank Downgrades Chipotle, Complaining It Pays Workers Too Much. Chipotle Says That’s Bunk.
Bank of America Merrill Lynch downgraded Chipotle and warned investors that the stock will “underperform,” complaining that the restaurant chain is paying its workers too much, and that cutting labor costs further will be difficult for the chain.