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If you're grossing >$2billion annually marketing an iconic brand, there is no excuse for multiple bankruptcies and dissolution of the company.
IMHO.
IMHO.
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Apolyton's Grim Reaper 2008, 2010 & 2011
RIP lest we forget... SG (2) and LaFayette -- Civ2 Succession Games Brothers-in-Arms -
The thing is Hostess really didn't have real competition, not companies that had brand name anyway. They really must have sucked.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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They were just loaded up with debt by the take over con artists. THAT is the reason they failed. THAT is the reason they couldn't make ends meet. When financiers can take over a company, raid its assets to "liberate capital", and then load the company up with new debt just so they can pay off the take over artists then it is a no lose situation for the take over artists and it basically just defrauds bond holders as well as kills jobs. It sure as **** doesn't make the company better or stronger.Try http://wordforge.net/index.php for discussion and debate.Comment
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Oh that Sulu.I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
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I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator RubioComment
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Originally posted by DinoDoc View Post
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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I have a friend who's a baker for Hostess. He's been on strike. Now he's out of work. Unions
"Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
"I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben KenobiComment
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I always thought twinkies were more manufactured than baked...
Really though one must wonder about the utter stupidity of this union. Like, they'd rather lose their jobs than continue to be employed with some pay and benefits cuts? That makes no sense at all.Comment
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Union bosses won't be losing their jobs.Originally posted by regexcellent View Post"Flutie was better than Kelly, Elway, Esiason and Cunningham." - Ben Kenobi
"I have nothing against Wilson, but he's nowhere near the same calibre of QB as Flutie. Flutie threw for 5k+ yards in the CFL." -Ben KenobiComment
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Would it make sense if they'd rather be unemployed than keep their jobs with a 100% pay and benefit reduction? At what point is a pay cut not worse than being laid off? And of course, it's unlikely they started this strike with the belief that this would be the outcome.Originally posted by regexcellent View PostLast edited by giblets; November 17, 2012, 18:39.Comment
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As of at a minimum a few days ago it was clear that this would be the outcome.Originally posted by gribbler View PostComment
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It makes perfect sense that there is a point where further pay/benefit cuts make working the job less desirable than other options that are presumed to be available by those making the choice.Originally posted by regexcellent View PostComment
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no hostess worthy of the name would serve those thingsAny views I may express here are personal and certainly do not in any way reflect the views of my employer. Tis the rising of the moon..
Look, I just don't anymore, okay?Comment
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I was not aware that the company has been in the red. I thought it is making lots of profit.Originally posted by snoopy369 View PostA lot of Republicans are not racist, but a lot of racists are Republican.Comment
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The point, for VC's, is to buy the company and sell it for profit (usually in pieces if possible). I can't tell that the VC's are winners here, but the CEO seems to be.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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