Hostess' problems mean more sophisticated pastries have won

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  • Lowonoil Clearfield, UT
    Nov. 28, 2012 10:41 a.m.

    KDave-:"I see Chinese twinkeeees in our future."

    NEW! Now fortified with Melamine!

  • Screwdriver Casa Grande, AZ
    Nov. 27, 2012 10:02 a.m.

    The CEO no doubt will be awarded an even better job by some facist, ant-worker thinking board of directors while the real losers in this are the small investors, 401k's and pension funds that held IBCIQ stock.

    Welcome back the 1800's.

  • JoeBlow Far East USA, SC
    Nov. 27, 2012 8:55 a.m.

    "as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256."

    Dang union workers

  • KDave Moab, UT
    Nov. 27, 2012 8:46 a.m.

    I see Chinese twinkeeees in our future.

  • The Real Maverick Orem, UT
    Nov. 27, 2012 8:43 a.m.

    Executives who reward themselves with bonuses for driving their companies into the ground have won.

    Workers, once again, lose.

    Hasn't this same movie gotten old yet?

  • one old man Ogden, UT
    Nov. 27, 2012 8:32 a.m.

    No, sophisticated pastries have not won.

    Workers have lost.

    Why, because corporate greed, individual greed by the company's overpaid executives, and the stupidity of Americans who believe unions are bad is what won.

    Ordinary Americans are losing and will be paying a huge price.

  • cjb Bountiful, UT
    Nov. 27, 2012 6:52 a.m.

    Not only have more sophisticated pastries won, but more importantly, companies who know how to manage have won. Hostess business will now go to companies who are not asking employees for sacrifice after sacrifice after sacrifice, while executives of those companies are giving themselves pay raise after pay raise after pay raise. Consequently these well managed companies will now have to hire more people and the people who are hired will be drawing a living wage, while the clueless executives and board members will be out of a job.

    This is a win for fairness.