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So Hostess isnt bankrupt, and you just made that up from a union letter, which didnt say anything like that at all.
I see your reading skills haven't improved as of late...
During 2011, I personally called Ripplewood Holdings (the private equity firm that held the majority equity value in Hostess and managed the company) and asked its top official if Hostess was experiencing financial problems. The response from Ripplewood was absolutely not, finances of the company were perfectly fine.
is it that people area eating sweets less and living longer? part of our pension management problem??. 50 years ago in hay day of hostess --- eating of high fat high sugar was good for the pension system we died early no?. what i dont understand is no twinkies, we are working out and dieting 24/7 and still look like walrus.
I see your reading skills haven't improved as of late...
During 2011, I personally called Ripplewood Holdings (the private equity firm that held the majority equity value in Hostess and managed the company) and asked its top official if Hostess was experiencing financial problems. The response from Ripplewood was absolutely not, finances of the company were perfectly fine.
Not one part of that supports the previous babble that this is just to break the union, especially considering the financial reports show $500M in assets, and upwards of $1B in liabilities.. Yeah, no financial hardship there right? I guess only when you want to ignore facts because someone made a phone call and was told something that completely contradicts elementary grade accounting skills. haha
Not one part of that supports the previous babble that this is just to break the union, especially considering the financial reports show $500M in assets, and upwards of $1B in liabilities.. Yeah, no financial hardship there right? I guess only when you want to ignore facts because someone made a phone call and was told something that completely contradicts elementary grade accounting skills. haha
Bingo. Like many financially unsound orgs, there is a compromise which would allow most no doubt to retain jobs, but I doubt the union will do anything other than use a liquidated Hostess as a future talking point, for the ignorant.
Better them then me. I still have a job, medical and dental benefits too. Sorry to see it happen, however, and? This is life. Will happen somewhere else next week.
Bingo. Like many financially unsound orgs, there is a compromise which would allow most no doubt to retain jobs, but I doubt the union will do anything other than use a liquidated Hostess as a future talking point, for the ignorant.
The unions have already made concessions during the first bankruptcy and the company responded by raising executive salaries by up to 80%.
How much more concessions do you think the unions ought to give?
The main objective for any company ( or state government ) is survival.
When regulations are so heavy -- as they are under this administration, survival is tougher by the day.
Get rid of Obama, and the whole economy will breathe a sigh of relief.
Nobody cares about Barack's homosexual tendencies.
The real problem is that Obama is killing this economy - that's what he wants to do.
The only thing that will bring prosperity back to America is ousting Obama in November.
Before Obama we were losing 750,000 jobs a month. You knew that I`m sure.
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