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elleng

(130,895 posts)

13. More complete discussion here:

Reply to DirkGently (Reply #12)

Mon Nov 19, 2012, 09:31 PM

Nov 2012

http://www.nytimes.com/reuters/2012/11/19/business/19reuters-hostess-bankruptcy-hearing.html?hp

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Highlight:

Hostess Liquidation Too Sweet for Managers, U.S. Says. [View all] elleng Nov 2012 OP

Change we can believe in! hedgehog Nov 2012 #1

"help wind-down the business" - haven't they 'helped' enough already ? n/t PoliticAverse Nov 2012 #2

I'm sure companies are just panting to hire them. aquart Nov 2012 #3

Seriously. Mz Pip Nov 2012 #6

Cutting off Their Retirees' Pensions & Stealing the Employees Vacation Time for Executive Bonuses AndyTiedye Nov 2012 #4

Won't work, imo. elleng Nov 2012 #5

"...they will stay on and help wind-down the business...." are_you_serious_1234 Nov 2012 #7

They'll help carry away the money bloomington-lib Nov 2012 #8

Hostess brands will reemerge in a third world country too, you can bank on it. xtraxritical Nov 2012 #9

Now they've suddenly decided to mediate with the union. DirkGently Nov 2012 #10

They've 'decided' to mediate because bankruptcy judge required it. elleng Nov 2012 #11

The court "urged." Not required. DirkGently Nov 2012 #12

More complete discussion here: elleng Nov 2012 #13

Yes, the court "urged" the parties. Arms were twisted. DirkGently Nov 2012 #15

Aftere one day mediation failed. that happened last week. mulsh Nov 2012 #19

This is what the Dem talking point on this needs to be Ash_F Nov 2012 #14

Some private equity firms purposely do this to companies they buy to make a quick profit. Selatius Nov 2012 #16

That's the Bain {Vulture} Capital business plan! n/t csziggy Nov 2012 #20

+ underpants Nov 2012 #22

K & R Quantess Nov 2012 #17

This is what they were after in the first place. n/t Old Union Guy Nov 2012 #18

Yep! underpants Nov 2012 #21

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