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Hostess (TWINKIES) Blames UNIONS for Bankruptcy

 
You've Got to be Kidding
User ID: 3910757
United States
11/20/2012 02:19 AM
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Hostess (TWINKIES) Blames UNIONS for Bankruptcy
Hostess blames unions for bankruptcy!

Just MONTHS before CEO pay TRIPLED from $750,000 to about $2.5 MILLION.

Even the Executives got "raises"! They had an increase of $90,000 to $400,000!

Hostess asked the judge to shut down the company and pay $1.75 Million in bonuses for 19 executives.


These CEOs are Greedy Psychopaths, plain and simple!!!
Anonymous Coward (OP)
User ID: 3910757
United States
11/20/2012 02:27 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
Of course Gregory F Rayburn, CEO of Hostess is blaming the unions......he is not going to confess to destroying the company.

It really is a shame that most of us know the truth. At least those of us with half a brain!
FASNYC

User ID: 26885382
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11/20/2012 02:45 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
I can see it being the Umions. Hopefully they could reorganize like Romney wanted the do it with the car industry. Twinkie will be back
Times are changing!
Anonymous Coward (OP)
User ID: 3910757
United States
11/20/2012 02:47 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
I can see it being the Umions. Hopefully they could reorganize like Romney wanted the do it with the car industry. Twinkie will be back
 Quoting: FASNYC


Yeah, Romney is fucking brilliant! LOL
Anonymous Coward (OP)
User ID: 3910757
United States
11/20/2012 03:28 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
I can see it being the Umions. Hopefully they could reorganize like Romney wanted the do it with the car industry. Twinkie will be back
 Quoting: FASNYC


And people loved Romney because he was "successful" and his supporters said 'don't demonize him because he made money!' Well supporters that was one of the ways he made it. People need to get a clue!

I'm glad these executives are getting exposed.
Anonymous Coward
User ID: 24760791
Thailand
11/20/2012 03:37 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
Hostess blames unions for bankruptcy!

Just MONTHS before CEO pay TRIPLED from $750,000 to about $2.5 MILLION.

Even the Executives got "raises"! They had an increase of $90,000 to $400,000!

Hostess asked the judge to shut down the company and pay $1.75 Million in bonuses for 19 executives.


These CEOs are Greedy Psychopaths, plain and simple!!!
 Quoting: You've Got to be Kidding 3910757


Yes I'm sure that was enough to bankrupt the company, and not the bloated pensions of THOUSANDS of employees.
Anonymous Coward
User ID: 28127059
United States
11/20/2012 03:41 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
maybe the plastic food aera is ending
Anonymous Coward
User ID: 24760791
Thailand
11/20/2012 03:41 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
$1.75 million for 19 people!! $90,000 bonuses HOW OUTRAGEOUS! EVEN THOUGH IT WAS PART OF THEIR CONTRACT, WOW.

I am really sure $90,000 for 19 people is why Hostess failed and not the unsupportable pensions for 18,000 people.
Anonymous Coward (OP)
User ID: 3910757
United States
11/20/2012 03:58 AM
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Re: Hostess (TWINKIES) Blames UNIONS for Bankruptcy
maybe the plastic food aera is ending
 Quoting: Anonymous Coward 28127059


[link to www.divinecaroline.com]



"The ingredients come from phosphate mines in Idaho, gypsum mines in Oklahoma, and oil fields in China."


"One of those ingredients is a preservative, sorbic acid. Sorbic acid is an ingredient I see on many packages, and I have never thought twice about it. But author Steve Ettlinger did. He found that sorbic acid is actually derived from natural gas.'


"If that isn’t shocking enough, he goes on to talk about other ingredients like cellulose gum, Polysorbate 60, and calcium sulfate. Apparently, these ingredients are also used in sheet rock, shampoo, and rocket fuel. No wonder Twinkies make kids run around like crazy and have even been used as a defense for murder!"

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