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In reply to the discussion: Hostess used pension money before folding [View all]Response to Kablooie (Reply #69)
Egalitarian Thug This message was self-deleted by its author.
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Some of that was stopped by the bankruptcy judge. I wonder if there's a case to be made about the
freshwest
Dec 2012
#45
True. That's why I say the government has a stake in this. But I can just here the howls now...
freshwest
Dec 2012
#59
probably a lot worse than will happen to these execs. i would be hard-pressed not to support
HiPointDem
Dec 2012
#5
those thieves should be thrown in jail and all their assets seized. you can bet some of that
HiPointDem
Dec 2012
#4
Yup, and you can guarantee the money they stole isn't even in the U.S. anymore.
JaneyVee
Dec 2012
#41
the consumer doesn't pay for a "secondary pension plan" if the PBGC takes over the pension plan
antigop
Dec 2012
#55
So you admit that the primary pension plan gets it's money from the consumer?
A Simple Game
Dec 2012
#64
That is still a requirement to pay set by Congress, which is the definition of a TAX
happyslug
Dec 2012
#77
"no it has not happened" --- thank you. That's what I said. And there are other things going on
antigop
Dec 2012
#89
If I were in charge this type of thing would be a federal felony punished by minimum 20 years in jai
Initech
Dec 2012
#85
Absolutely. It protects the rights of companies to steal workers pensions. n/t
jtuck004
Dec 2012
#40
They took a page from Bain's rule book of "How to steal from the lesser people".
Rocky888
Dec 2012
#10
I found it to bea very difficult read because I got so angry reading each chapter. But Ms. Schultz
antigop
Dec 2012
#56
More accurate title reads: Hostses Stole Pension Money before Folding
Dont call me Shirley
Dec 2012
#27
Didn't Denny McLain, former pitcher for the Detroit Tigers, go to prison for the exact same thing?
tclambert
Dec 2012
#37
No one is surprised, but Hostess has been in the news, so naturally it's a story.
marmar
Dec 2012
#47
So the courts will claw that money back from CEO's in order to not screw workers right?
abelenkpe
Dec 2012
#43
To me, stealing pension funds is a form of mass homicide warranting the death penalty.
aquart
Dec 2012
#46
as long as we use Al Gore's lock box so the funds can't be used for anything else. nt
antigop
Dec 2012
#58
Correct - laws are written to benefit the 1 %. This is America under Reagan+30.
SomeGuyInEagan
Dec 2012
#86
Hunters usually butcher the kill before they leave the bloody carcass in the woods..n/t
SoCalDem
Dec 2012
#88