Huh.

[xaq_the_aereon]

Apparently Hostess, maker of such delightful artery-blockers as Twinkies, is going out of business.

Glad I got tired of them a few years back, otherwise this would kinda suck.

Comments

[anher.livejournal.com]

Behold the power of the union leader's stupidity: http://abclocal.go.com/wls/story?section=news%2Fnational_world&id=8887804

Apparently the unions were offered 25% of the company's stock as part of an offer... they rejected it.

[kjorteo]

I don't know, I'd kind of rather be paid in real money than stock in a company that's declared bankruptcy twice, too.

I'm probably not the most unbiased source out there when it comes to stock market stuff anyway, though, so eh.

[anher.livejournal.com]

Money isn't actually 'real' anything, it's a promise from the government, that's it.

As for the 'rather wanting to be paid in real money', well they've screwed that one away too by not accepting -any- settlement that was proposed. So now the bond holders get their money first all because they have those little pieces of paper saying they own part of the company.

[xaq.livejournal.com]

How appropriate that Hostess' union would be a bunch of ding-dongs.