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Thu Nov 29, 2012, 07:53 PM

hostess execs want 1.8m in bonuses

for 19 execs. in addition to their salary.
http://www.boston.com/business/news/2012/11/29/hostess-seek-approval-for-executive-bonuses/AnYdA7P2giL6RYJypXQ1dI/story.html

how about they get kicked to the curb instead sinc etheyve shown how good they are at running a company into the ground
i

14 replies, 1051 views

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Reply hostess execs want 1.8m in bonuses (Original post)
rdking647 Nov 2012 OP
lonestarnot Nov 2012 #1
alarimer Nov 2012 #9
lonestarnot Nov 2012 #10
RKP5637 Nov 2012 #2
Tyche Nov 2012 #3
marmar Nov 2012 #4
abelenkpe Nov 2012 #5
nadinbrzezinski Nov 2012 #6
snappyturtle Nov 2012 #7
muntrv Nov 2012 #8
thelordofhell Nov 2012 #11
Selatius Nov 2012 #12
doc03 Nov 2012 #13
libdem4life Nov 2012 #14

Response to rdking647 (Original post)

Thu Nov 29, 2012, 07:55 PM

1. And I want them to be sent to jail for conspiracy to commit theft.

Aren't they stealing pension money?

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Response to lonestarnot (Reply #1)

Thu Nov 29, 2012, 08:10 PM

9. I want them tortured.

Goddamn greedy pigs.

The very same execs who ran that company into the ground, they should be rewarded? WTF????

While the workers get screwed.

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Response to alarimer (Reply #9)

Thu Nov 29, 2012, 08:27 PM

10. Son of a bitches!

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 07:55 PM

2. They destroyed the company, now they want to rape the company some more. Damn am I

tired of this bullshit! Kick them out and bring in others to finish the job.

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 07:59 PM

3. Unbelievable

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:02 PM

4. ........




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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:04 PM

5. steal workers pensions and destroy their future

ask for millions in bonuses plus salary. SOP for US CEOs. Many will shower them with praise.

Try to use food stamps to feed your hungry family after losing your job and having your pension wiped out. Get berated by FOX news viewers and called a moocher by pundits and elites.



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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:06 PM

6. And this is why people are starting

To take to the streets.

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:07 PM

7. WIll the greed ever end? I don't know about others but I find myself in the

beginning of my sunset years hoping I don't live the long lives of my relatives.

NEVER would I have believed after all the years of working I would be struggling....if I only had the strength of my youth at my disposal. The spirit is there. My physical strength just isn't what it was...drats!

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:10 PM

8. Hostess execs want to skim off the top.

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:32 PM

11. And these yahoos have only been at the helm for 2 years

They knew all along why they came there

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 08:33 PM

12. Apparently, the bankruptcy court approved this measure.

The unions were right in asking the court for an outside trustee to administer wind-down operations, not continue to use pre-existing company management.

Point of clarification: I do wonder who gave Hostess permission to continue using management staff with the bonuses. The article doesn't say, but I'm assuming in bankruptcy everything has to go before the judge for approval.

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 09:36 PM

13. Those guys are frugal compared with the ones at my old employer.

The company I worked for liquidated this summer, they terminated our health
insurance and at the same time asked for and received permission from the bankruptcy court for $20 million in bonuses for 18 executives.

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Response to rdking647 (Original post)

Thu Nov 29, 2012, 09:56 PM

14. Give them Mitt's phone number. I'm sure he can help.

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