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Hostess Twinkies......lets take a look at how Bankruptcy works

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2seaoat



Hostess executives just got a big bonus approved by a bankruptcy judge, they cleverly knew that they could gut 18k American jobs and mismanage this company through two bankruptcies......but guess what.......they are going to be selling the brand.....buyers are lining up to get the brand in a liquidation without workers, equipment, and get a fresh start.....but the key is that the handful of executives are going to make a killing and close to 20k Americans are going to lose their jobs, and some will profit by killing a company.....oh and it is rumored that a Mexican bread company is the leading company to get the brand.....where they will probably import twinkies as the middle class loses again, and some obscene profits are being made in the process of hurting America.....but the GM bailout in Chapter 11 was breaking the BK laws.....nope.....the only difference was the creditor committee had the US on it, and these folks know that jobs are important for an American recovery......If the same standard was applied here and those bonus payments approved......should be a crime.

Guest


Guest

Hostess lost 341 million last year. It had 372 collective bargaining agreements... 80 health and benefit plans and 40 long term pension obligations. Twinkies aren't good for you... bad ideas fail... get used to it.

2seaoat



I will snarf down a twinkie in a year......there will be close to 18k Americans without jobs.......The move from Chicago to Texas, the plundering of the company with repeat refinancing and putting money in the top management and financiers.........yep bad things fail.....so it is time to address the real bad thing........protecting American jobs, and stopping the plundering of the American middle class......and stopping bankruptcy abuse with real reform in the 2005 bankruptcy reform bill.......

Guest


Guest

or... making things that are bad for you is a bad idea... forget the math. Where is the progressive nature we all adore? If they can't have happy meals in SF and no supersized soda pops in NY... then you can't have any fucking twinkies... got it?

good... go make me a dollar.

Guest


Guest

Hostess Twinkies......lets take a look at how Bankruptcy works  9k=

Next on the health agenda... The end of the all you can eat buffet...

*****CHUCKLE*****

https://www.youtube.com/watch?v=t2mU6USTBRE

Laughing

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