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Hostess Going Out Of Business Due To Labor Disputes, Twinkies Selling For Hundreds $$ On eBay!

I can't get over this. Tweets and shit galore. Wait for people offering sex for Twinkies on Craigslist.

Twinkies are disgusting.

by Anonymousreply 3911/18/2012

Don't care about Twinkies, but those iconic Hostess cakes will be missed.

by Anonymousreply 111/16/2012

OBAAMAAAAA! (fist shake)

by Anonymousreply 211/16/2012

Hostess' problems weren't due to labor. That's just a scapegoat. Hostess was badly managed, didn't adapt to changing times, took on huge debt, and collapsed.

by Anonymousreply 311/16/2012

At first I thought this thread was about some internet brothel where twinks hore themselves out.

by Anonymousreply 411/16/2012

Did this company get Bain'd? Did it screwed over by a investment capitalists?

by Anonymousreply 511/16/2012

Are they selling at those way over inflated prices, or just listed that way?

by Anonymousreply 611/16/2012

Specialty stores will probably import them from overseas

by Anonymousreply 711/16/2012

No, they'll sell the recipes and the rights to the trademarked names of the baked goods and fire all the workers.

I'm amused/staggered by the tea party types saying this is a response to Obamacare. As if a huge company would just say, "Welp, we give up" one week after a president had been in office almost four years. Hostess has filed for bankruptcy in the past; it's been poorly managed for years.

by Anonymousreply 811/16/2012

He's cute, but is he sponge-cake worthy?

by Anonymousreply 911/16/2012

Back in the late 60s when I was around 8 or 9, my dad had a bread route and sometimes I'd get up at 3am and go with him to load his truck and hit the stores.

He was friendly with all the other route drivers and when we'd run into the Hostess guy, he'd trade bread for Twinkies (that's what I liked best.) They were so good back then and it was so much fun to be apart of my dad's life like that--to see how he was outside of home and what he did. He seemed larger than life.

This news makes me miss my dad and the good times we had.

by Anonymousreply 1011/16/2012

Vote for us, R10. We'll see to it that today's kids get to experience that same wonderful feeling. Without the expensive adults, of course. The plus side is if they make all their deliveries on time, they'll earn an extra $1.50 a week (minus accounting fees).

by Anonymousreply 1111/16/2012

On St Patrick's day the stores would have green sno-balls

Good grief, moldy cake

by Anonymousreply 1211/16/2012

The just will sell the rights to the name. It like when Dolly Madison was bought by Hostess and Zingers became a Hostess product.

That cunt Little Debbie will likely buy the name Hostess and slap her name on her versions of Twinkies

The Abercrombie and Fitch today has nothing to do with the original store or the kind of products they sold. But someone bought the label and slapped the name on it so it'd sell.

by Anonymousreply 1311/16/2012

Freddie Smith and Casey Deidrick interview together.

by Anonymousreply 1411/16/2012

Yep. Executives doubled and tripled their own compensation, but an 8% pay raise for the workers killed them. Riiiiight.

by Anonymousreply 1511/17/2012

What did the video of the two kids from Days Of Out Lives have to do with Hostess?

by Anonymousreply 1611/17/2012

Plenty of shit garbage twinkies for sale in my local bodega. Should I buy them and sell them to idiot hoarders?

by Anonymousreply 1711/17/2012

It's a world full of Little Debbies, when only a Hostess will do.

by Anonymousreply 1811/17/2012

Forget it, hoarders. Hostess says shelf-life is 25 days. A business report claims Pabst Beer and/or Campbell Soup may buy the brands.

by Anonymousreply 1911/17/2012

A really sad situation.

Anyone who thought they could run it as it was - with the existing plants and truck routes - could have bought it out of bankruptcy. They could have fired all of the existing management and run it themselves.

The unions could have even bought it, if they wanted.

The issue is that no one thought it would work without some union concessions.

A video of the head of the union discussing the situation and their negotiating strategy.

by Anonymousreply 2011/17/2012

Union guys shot themselves in the foot on this one. Greed will do that.

by Anonymousreply 2111/17/2012

Wah way

by Anonymousreply 2211/17/2012

R21, that's a right-wing fabrication. Hostess was horribly managed, the execs gave themselves huge raises, ran the company into the ground, and then blamed a one week union strike for closing down the whole corporation.

Blaming this on the union is utter bullshit.

by Anonymousreply 2311/17/2012

Forget the Twinkies. I'm going to miss the Sweet 16 donuts.

by Anonymousreply 2411/17/2012

While Hostess was descending into bankruptcy and demanding deep concessions from workers, the top 10 executives of the company were rewarding themselves with lavish compensation increases, with the then CEO receiving a 300 percent increase

[quote] “Hostess’s announcement that it is liquidating the company is a deep disappointment for all of our Hostess members. While Hostess management wants to blame our members for the demise of the company, the truth is that had it not been for the valiant efforts of our members over the last eight years, including accepting significant wage and benefit concessions after the first bankruptcy, this company would have gone out of business long ago."

by Anonymousreply 2511/17/2012

Hostess CEO tripled salary to $2.5m while preparing to file bankruptcy.

But Hostess's failure is the fault of "greedy unions?"

by Anonymousreply 2611/17/2012

Are twinks named after Twinkies? Thin, blonde, with a creamy center?

by Anonymousreply 2711/17/2012

And this is why union membership is down.

by Anonymousreply 2811/18/2012

Th is Bain Capital writ large. How dare they!

by Anonymousreply 2911/18/2012

R25, why doesn't the AFL-CIO buy the company (they have a huge pension fund, lots of cash), fire the CEO and other senior executives, keep the union contracts the same and run the business themselves?

If it is the fault of senior management and it is poorly run, that is the obvious solution.

Well, isn't it?

by Anonymousreply 3011/18/2012

You'd have to ask the AFL-CIO R30. A more obvious solution was to run the company properly instead of turning it into a flaming crater of destruction.

by Anonymousreply 3111/18/2012

I won't care. I haven't eaten any of that shit in years.

Why would kids want to eat it? They could have Entenmann's or something from the supermarket bakery aisle or a Haagen Daz Dixie cup. Or a single serve Nutella with bread sticks.

We ate Twinkies and other crap because there was nothing else back in boomer days.

by Anonymousreply 3211/18/2012

I wish we had Tastykake snacks down South.

by Anonymousreply 3311/18/2012

Why doesn't Obama bail them out?

by Anonymousreply 3411/18/2012

I lives in the ghetto we eats Aldi generics

by Anonymousreply 3511/18/2012

[quote]Are twinks named after Twinkies? Thin, blonde, with a creamy center?

Yes they are.

The gay male trophy boy (a pretty, dumb blond) was called a Twinkie in the 70's.

The name got shortened to Twink and started being applied to every young hairless gay boy by the porn industry.

by Anonymousreply 3611/18/2012

Will Honey Buns be affected?

by Anonymousreply 3711/18/2012

Their signature brands will probably be purchased by other companies. SO the fans are having much ado about nothing.

by Anonymousreply 3811/18/2012

R5: $805 Million in debt. Yes it got Bain'd.

I'd love to see a forensic audit to see where the money went. I bet it went into the investors pockets.

by Anonymousreply 3911/18/2012
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