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bye bye Twinkies

Discussion in 'Members' Lounge' started by eg6sir, Nov 16, 2012.

  1. eg6sir

    eg6sir Supa Mod Moderator VIP

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  2. SlushboxTeggy

    SlushboxTeggy It's only stupid if it doesn't work VIP

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    Bankruptcy, new owner, no union, Twinkies restored, all is well.

    Of course, while that happens the market price will skyrocket. Women will be selling their body for half a Twinkie, Men will work jobs to be paid in Twinkies rather than currency, children will be absconded with the lure of a Twinkie in a van. Damn Twinkie barons!
     
  3. TurboMirage

    TurboMirage YEEAAAHHH VIP

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    :shrug:

    twinkies rate with pink slime. they have an interminable shelf life.
     
  4. Briansol

    Briansol Admins Admin VIP

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  5. DarkHand

    DarkHand Senior Member VIP

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    Sell off to the highest bidder, reopen with no union and less financial burden, you could even hire back many of the same workers. Twinkies are back, problem solved.

    Exactly what we should have done with the auto industry.
     
  6. neonmike

    neonmike Senior Member VIP

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    i could care less about twinkies, i am however pissed about my coffee cakes.
     
  7. jamesA

    jamesA Well known pissed off telephone guy VIP

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    It said Hostess will be liquidating it's assests to the highest bidder. I have a feeling that Little Debbie will pick it up and continue making twinkies, etc.
     
  8. eg6sir

    eg6sir Supa Mod Moderator VIP

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  9. reikoshea

    reikoshea HS Troll...And Mod Moderator VIP

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    That's the folks that bought mrs bairds 10-15 years ago right?
     
  10. INJEN78

    INJEN78 HS LEGEND

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    have you seen the hostess products on ebay?!? ridiculous.
     
  11. CAFROG

    CAFROG Honda Minion VIP

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    My childhood favorites: Cupcakes, Ding Dongs, powder donuts, raspberry filled powder donuts (cant find them anywhere around me), coffee cake, and Ho-Ho's. Add a glass of milk and I'm happy.

    Twinkies.....not so much.
     
  12. invisibledemon

    invisibledemon Bored Moderator VIP

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    in related news:

    turns out twinkies will not be able to survive a nuclear holocaust, the makers have passed their expiration date and they wont be around.
     
  13. INJEN78

    INJEN78 HS LEGEND

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    AND..........now hostess and the union are going to mediation,so its not over yet.
     
  14. BigJ

    BigJ I'm just about that action Boss. VIP

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    Sun Capital might buy.

    Hostess is trying to give the execs bonuses at liquidation. Union is going to fight this big time, tooth and nail.

    Interesting.....
     
  15. Briansol

    Briansol Admins Admin VIP

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    does the union of a company that no longer exists, exist?
     
  16. E_SolSi

    E_SolSi Member of the 20 nut club Moderator VIP

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    unions exist as separate entities from the businesses that employ their members

    the union in this case is the:
    Confectionery, Tobacco Workers and Grain Millers International Union

    its not the Hostess Union

    so the company folding does not end up folding the union
    as there are several other companies that employ other members
     
  17. BigJ

    BigJ I'm just about that action Boss. VIP

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    We'll see what happens.

    The execs called the union bluff but once you look at the numbers you realize how shitty of a job the management team is really doing. And the whole asking for 1.5 million in bonuses for 19 people isn't good publicity.
     
  18. Jeef

    Jeef NO MA'AM Moderator VIP

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    If the company was doing this bad, no execs even deserve bonuses
     
  19. DarkHand

    DarkHand Senior Member VIP

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    Communist! ;)
     
  20. BigJ

    BigJ I'm just about that action Boss. VIP

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    Basically it was owned by a fund looking for a return unwilling to inject any capital into it. They wanted to meet their bankruptcy goals by cutting labor costs which typically aren't the driving force for positive cash flow but would net a little improvement. Not very creative.

    Sun Capital is basically saying hey we'll buy it and turn it around. Now Hostess is in mediation because the public scrutiny and garishness they showed. And the idea that another company will likely turn it around very quickly.
     
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