Hey, I just care about Twinkys!
But eleven months ago I pretty much predicted today's story about the fate of Hostess Brands. CNN reports that everything that Falling Downs claimed would happen has come true. Read the story.
With the connivance of the bankruptcy courts and the Teamsters Union, they have slashed wages, rolled back pensions, and cut the health care contributions.
What the CNN story does not report is that this entire bankruptcy was engineered by the hedge-fund "entrepreneurs" who control the company.
Just an oversight, I'm sure...
No comments:
Post a Comment