Tag Archives: Hostess

Hostess Steals From Employee Pensions. Blames Pensions for Company’s Demise.

Posted on December 11, 2012 at 5:30 pm by JM Ashby

Speaking of unhinged. I almost came unhinged reading this. Hostess Brands acknowledged for the first time in a news report Monday that the company diverted workers’ pension money for other company uses. The bankrupt baker told The Wall Street Journal … Continue reading →

Posted in Epic Fail, Ethics | Tagged , , , , , , | 17 Comments

Hostess Execs Still Seeking Bonuses While Cutting Pensions

Posted on November 29, 2012 at 4:30 pm by JM Ashby

Even though Hostess is asking for permission to cut employee pensions by over $1 million per month, they’re also still asking for permission to dish out bonuses totaling $1.75 million. Hostess Brands Inc., the defunct maker of Twinkies and Wonder … Continue reading →

Posted in Corporate Crime | Tagged , , , | 7 Comments

Hostess Execs Denied Bonuses by DOJ. Agree to Mediation.

Posted on November 19, 2012 at 4:30 pm by JM Ashby

Hostess executives and the baker’s union, which is currently on strike, have agreed to mediation. (Reuters) – Hostess Brands Inc, its lenders and the unions representing its striking workers, agreed to start mediation hearings on Tuesday at the urging of … Continue reading →

Posted in Unions | Tagged , , , | 23 Comments

That’s a Big Twinkie

Posted on November 17, 2012 at 4:30 pm by JM Ashby

While you’re probably aware by now that Hostess, the makers of Twinkies, Ding Dongs, and Ho Hos is going out of business, what you may not know is that company executives essentially looted the company at the same time it … Continue reading →

Posted in Ethics | Tagged , , , | 7 Comments

‘You’re Not Asking Me About Twinkies’

Posted on November 16, 2012 at 6:30 pm by JM Ashby

If Cory Booker decides to run against Chris Christie I would absolutely support his candidacy, but there’s no denying it will be a tough battle.

Posted in Comedy | Tagged , , , | 9 Comments