Now A real disaster -- Twinkies may be gone

[fauch]

I'm sure Bloomberg is behind this somehow!!!

[Speedy]

Grateful11 wrote:
BCTGM members voted to strike Hostess after the company imposed cuts that included ending payments to the employees’ pension plan while executives awarded themselves massive bonuses. Among the raises was a 300 percent raise (from approximately $750,000 to $2,550,000) for the then-CEO of Hostess. At least nine other top executives of the company also received massive pay raises, including one who received a pay increase from $500,000 to $900,000 and another received one that brought his salary from $375,000 to $656,256.

Nice to see they are sharing the pain in spite of leading the company into bankruptcy. I imagine they will get a very golden parachute if the company goes out of business. Unlike those nasty union thugs.

[$tevie]

Speedy wrote:
[quote=Grateful11]
BCTGM members voted to strike Hostess after the company imposed cuts that included ending payments to the employees’ pension plan while executives awarded themselves massive bonuses. Among the raises was a 300 percent raise (from approximately $750,000 to $2,550,000) for the then-CEO of Hostess. At least nine other top executives of the company also received massive pay raises, including one who received a pay increase from $500,000 to $900,000 and another received one that brought his salary from $375,000 to $656,256.

Nice to see they are sharing the pain in spite of leading the company into bankruptcy. I imagine they will get a very golden parachute if the company goes out of business. Unlike those nasty union thugs.
Same old shite...