4

Reality check regarding Hostess bankruptcy

http://www.forbes.com

Hostess has been sold at least three times since the 1980s, racking up debt and shedding profitable assets along the way with each successive merger. The company filed for bankruptcy in 2004, and again in 2011. Little thought was given to the line of products, which, frankly, began to seem a bit dated in the age of the gourmet cupcake. As if all this were not enough, Hostess Brands’ management gave themselves several raises, all the while complaining that the workers who actually produced the products that made the firm what money it did earn were grossly overpaid relative to the company’s increasingly dismal financial position.

Read »
phonon's picture
Created by phonon 1 year 33 weeks ago – Made popular 1 year 33 weeks ago
Category: Economics   Tags:

Air Times & Contact

LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern

Call toll-free:
1-855-450-FREE

You can also Skype us.

Join our Email List

Stay up to date with the latest about Free Talk Live, and receive our Weekly Digest email - the most popular stories for the week from our front page and also the week's audio highlights!

See our past emails.


Free Talk Live 2.5

Welcome Free Talk Live 2.5! Now, with Reddit!
 
You'll need a Reddit account before you can vote on and submit show prep. (That is different from your FTL/AMP account.)

The content here is the same as you will see on the FTL Subreddit. Please submit bug reports on the appropriate BBS subforum.

Enjoy the new site and thanks for submitting your content!

Google+

Who's online

There are currently 0 users and 0 guests online.
Free Talk Live Image
Free Talk Live Image
Free Talk Live Image
Liberty Stickers
Be your own bank
proXPN
Watch the Ridley Report
Advertise Market Promote with AMP
Free State Project
Free Keene - NH Liberty Activism
Join the Shire Society
iHeartRadio
stitcher smartradio
Amazon
Midas Resources
Math Gate
Crypto Cards
DoorDevil.com
Buzzbox Coffee
shiny badges
bitcoin not bombs
Mark Warden - New Hampshire Realtor
Quantum Vibe from Bighead Press
freedomcam.net
Liberty on the Rocks
Freedom's Phoenix