Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: BREAKING: Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business [View all]Scuba
(53,475 posts)3. Not to worry. There's enough Twinkies on the shelves to last several decades ...
... and they'll still be "fresh" after all that time too!
Edit history
Please sign in to view edit histories.
315 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
BREAKING: Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business [View all]
The Straight Story
Nov 2012
OP
That fine American institution of sugary snacks and horrible white bread going out of business!?
geckosfeet
Nov 2012
#1
hostess brands make wheat bread. that's a right wing talking point, which is why rush
HiPointDem
Nov 2012
#247
hostess also = nature's pride, colombo, and some others. they make wheat bread.
HiPointDem
Nov 2012
#248
Well I didn't hear it from them/him. But I did hear about the crappy pay packages Hostess was
geckosfeet
Nov 2012
#287
Yes they make Snowballs and Ho,Ho's didn't really like them, I only liked Ding Dong's
crunch60
Nov 2012
#246
I suspect that is their plan to liquidate and reacquire the trademarks and start a new company..
DCBob
Nov 2012
#62
But now they are liquidating. Correct? Which would mean converting to 7. No?
Hassin Bin Sober
Nov 2012
#297
Not since there are far better snack available pretty much anywhere you look...
WCGreen
Nov 2012
#141
... and all because they'd rather pay executives exorbitant salaries ...
surrealAmerican
Nov 2012
#5
This isn't a JOKE. The REST of the story involves the Bakers' Union, fair compensation, and Wall St.
WinkyDink
Nov 2012
#6
Yep....that's the real story. The workers won't knuckle under, so the owners are taking....
OldDem2012
Nov 2012
#15
Well, you did bother responding to me, so I'm guessing the answer to your rhetorical is "yes".
DisgustipatedinCA
Nov 2012
#280
Maybe you should learn a little more about what was going on before attacking
sabrina 1
Nov 2012
#293
Top 4 Hostess executives have been making $1 per year since April, 2012. So do they
kelly1mm
Nov 2012
#143
oh, bull. that was a PR move after a court found they'd raised their own salaries 80%
HiPointDem
Nov 2012
#158
hostess stopped making payments to the pension fund last year. unilaterally. against
HiPointDem
Nov 2012
#156
you don't get diabetes (T2) from eating sugary foods. you get diabetes from eating too
HiPointDem
Nov 2012
#159
GOod Lord... Hostess and its fiber free highly processed white bread and sugary products are
hlthe2b
Nov 2012
#92
I don't think many here understand: this is another body blow to unions and the labor movement n/t
Bolo Boffin
Nov 2012
#13
they're too busy worrying about what other people eat. it's a democratic principle,
HiPointDem
Nov 2012
#161
yeah, it's too bad 20,000 people & their kids won't eat at all, but it's necessary
HiPointDem
Nov 2012
#167
That's right. Next step should be to put the tobacco companies out of business.
slackmaster
Nov 2012
#203
Unions are great, but the fact that a company that makes harmful products uses union labor...
slackmaster
Nov 2012
#218
there will be plenty of non-union companies who will step in to pick up the slack.
HiPointDem
Nov 2012
#226
so what other businesses do you propose be shut down for the sake of health and nutrition?
frylock
Nov 2012
#242
It's sad, but the truth is that their sales have been declining for a while...
reformist2
Nov 2012
#36
no, their hedge fund debt load was higher. the union gave them $110 million/year
HiPointDem
Nov 2012
#221
yes, purposely loading up on hedge fund debt, accounting fraud & looting can do that.
HiPointDem
Nov 2012
#227
Yep, and always people who don't understand economics trying to make economic points.
cbdo2007
Nov 2012
#240
lol. "The whole business was about maximizing debt, extracting cash, cutting head
HiPointDem
Nov 2012
#241
The first sign you've lost an argument is when you start the personal attacks. That's
HiPointDem
Nov 2012
#275
"expenses" = all the debt the vulture hedge funds loaded them up with, plus a soupcon
HiPointDem
Nov 2012
#217
It'd be nice if the unions could buy them out and run it like the Alvarado Street Bakery... nt
Comrade_McKenzie
Nov 2012
#41
Get the word out, folks: This is the owners framing the unions for the demise of the company.
Bolo Boffin
Nov 2012
#57
They DID. No 'maybe' about it. They extracted $100 million in concessions from
HiPointDem
Nov 2012
#175
yeah, they can leave and go out to look for a job in an environment of 8% unemploy-
HiPointDem
Nov 2012
#185
unfortunately, your case is not the norm. most people who are laid off get reemployed
HiPointDem
Nov 2012
#214
bull. the company got $100 million/year in concessions from the union in 2009, then
HiPointDem
Nov 2012
#182
Amen to that - equity firms are one of the single biggest evils facing the world right now.
Initech
Nov 2012
#163
CEO, just now on CNBC: "30% of workforce responsible for 18,500 out of a job".
HughBeaumont
Nov 2012
#71
No, the truth is that management is responsible for 100% of the decision to liquidate the company.
leveymg
Nov 2012
#80
It's actually privately held, according to Wikipedia, although it may
coalition_unwilling
Nov 2012
#113
+1. and i'll bet that was a higher-paid worker, as the media generally chooses some-
HiPointDem
Nov 2012
#191
the company had over $2 billion in revenues in 2008. They're the biggest company
HiPointDem
Nov 2012
#196
Hostess was cobbled together out of many mergers; there is probably no advantage to scale anymore
FarCenter
Nov 2012
#101
Personal bankruptcy after being laid off from a job where I reported on corporate bankruptcy
FightForMichigan
Nov 2012
#177
+1. and concurrent with the raises, they suspended payments to the workers'
HiPointDem
Nov 2012
#199
Same old story: the executives steal it for themselves while the employees suffer
Initech
Nov 2012
#124
Doubt you'd have much success with that. They've been in Chapter 11 since January.
Kablooie
Nov 2012
#197
It's unfortunate they couldn't come to a workable deal that included production of better foods
slackmaster
Nov 2012
#138
hostess has gone through two bankruptcies since 2004 in order to shed workers &
HiPointDem
Nov 2012
#146
I love the movie Zombieland. This will forever change an aspect of this dialog.
Lint Head
Nov 2012
#147
According to Wikipedia, the company is privately owned. So there are
coalition_unwilling
Nov 2012
#166
regardless, $2+ B in revenues in 2008. so that's a damn big market, & hostess is the
HiPointDem
Nov 2012
#269
After living in the South for 13 years, I have been converted to Little Debbie's
aikoaiko
Nov 2012
#232
I'm sure there were no chickens harmed in the making of my Swiss Rolls or Christmas Tree cakes
aikoaiko
Nov 2012
#256
My first thought was that the closing of this business has nothing to do with the
INdemo
Nov 2012
#237
Funny, DUers were all over mitt romney for the same stuff, now some are defending
HiPointDem
Nov 2012
#238
More corporate raiders and labor rapists looking to blame unions for their woes. You
rDigital
Nov 2012
#261