Good News! Hostess Top Executives Still Got Richer As Company Collapsed!


It’s a happy Holiday story. Gawker is reporting the the execs at Hostess managed to line their pockets as they filed for bankruptcy. It’s a Christmas miracle !

Read more at gawker.com.

66 comments
FanBoy1
FanBoy1

Good for them...... and when Unions try to hi jack more companies I hope they fold as well...... Next up the USPS.

SLEEPYDOG
SLEEPYDOG

Large companies protect their stockholders, and who are the major stockholders in all these large companies, why the board of directors who else. "Stockholders" is code for "fuck you, I'm getting mine"

G_SPOT_TORNADO
G_SPOT_TORNADO

Stella D'oro, Hostess, whats next!? Entenmenns!?

ShowerBench
ShowerBench

Able-bodied government freeloaders and greedy and corrupt unions are legion and threaten to bring down the economy and country no matter what the left wants to claim.  Acknowledging this is verboten on the Obama left and there is a reflexive hatred for job creators no matter what the reality for a particular company's downfall might be.  A dangerous development -  "A rising tide lifts all boats" can be true.  "A receding tide sinks us all but at least he's not richer than I am so we'll all be better off" can't be.

Ziggy Stardust
Ziggy Stardust

Yes, it's lead by example. Greedy execs= greedy employees = dead company. Any questions ?  

CryBaby1
CryBaby1

No twinkies? How is Fez going to practice for his "first time"?

declinometer
declinometer

Good for him you jealous cry baby. Get off of your ass and you could be rich too!

FLpro
FLpro

I'd say I'm gonna miss that "creamy goodness" but I'm afraid it would sound too gay? :\

HummusMagnate
HummusMagnate

Bailout coming soon. Don't worry citizen theyll be ok.

indpendnt
indpendnt

Well, if the Unions weren't so FUCKING GREEDY, they'd have employed workers.

Nosqatch
Nosqatch

Other companies make equally delicious fruit pies and cream filled cupcakes, but Hostess does have the best HoHo and Twinkie type products. Snowballs suck. That's probably why they had financial problems- trying to force their "coconut on junk food" agenda on America.

seamus98
seamus98

 remember grand union supermarket? the guys running that wonderful company squeezed the hell out of that company until there was nothing left.

Beer
Beer

And the politicians are not doing the same thing...

Goonerfan
Goonerfan

This is no surprise in a society that values money more than anything else!

ThePittsburgher
ThePittsburgher

Fuck off! This is how corporate america works. Its called liquidation. Its too expensive to continue production but you still do not want to go home with nothing so you sell the assets and cut your losses. 

 

And this all happened because of the shitty unions that choke american business so bad that we don't have work period. Good that ass-clown Obama got re-elected so its cheaper to sit on your ass and collect food stamps than to actually go to work. 

Pool Keepers Son
Pool Keepers Son

I don't know if hostess did this but the company I worked was going to shit can a division so they gave everyone in that division big raises and monthly bonuses so they would finish out the job, otherwise everyone would have quit. So maybe something along those lines is what happened so those regular employees got to keep working for a few more months

XTallOne
XTallOne

The cream filling always rises to the top.

eddietirebiter
eddietirebiter

While the working class spends all day trying to figure out how we are going to make ends meet, the upper class is spending the same time figuring out how to stack the deck.

DjKB
DjKB

MmMmMmmMm Mysterious creamy cen†er!!

 

Antilokhos
Antilokhos

They deserved their money, they are the job creators.  How dare anybody question them!

AnthonyLoman
AnthonyLoman

The CEO gave himself a nearly 2 million dollar raise and then blamed the union for the companying folding. Hopefully a laid off worker facing homelessness just kills him.