After Bankrupting Hostess, Union Workers Rake In The Federal Dough (companies, government)

[Inoxkeeper]

barry's minions hit it big!

Labor: Who says intransigence doesn't pay? After driving Hostess out of business by refusing to negotiate, union bakers have been rewarded by the White House with Trade Adjustment Assistance. It's all the foreigners' fault.

Last November, Hostess Brands went into liquidation, throwing 18,500 employees out of their jobs. The baking giant had been through two restructurings, but the company remained unprofitable.

All the same, most workers at the bread and pastry maker, famous for its Twinkies and Ho Hos snack cakes, were willing to tighten their belts until good times returned.

They included hard-line unions, such as the Teamsters, not known for making concessions.

But there was one exception: the AFL-CIO-affiliated Bakery, Confectionery, Tobacco Workers & Grain Millers International (BCTGM).

After Bankrupting Hostess, Union Parasites Rake In Federal Dough - Investors.com

[mwruckman]

You have it wrong, after the Venture Crapitalists destroyed the company and put all these people out the door, they have been raking it in selling the brands to interested companies who will add all this Americana to their product lines.