So watched CBS and listened to WWL today and heard their take on Hostess. | TigerDroppings.com

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Duzz
LSU Fan
Houston
Member since Feb 2008
5150 posts

So watched CBS and listened to WWL today and heard their take on Hostess.


It does not say anything about the Union people demanding money. They say that hostess was in trouble a long time ago due to mis-management. Are they afraid of the Unions or just shoddy reporting?






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constant cough
LSU Fan
Lafayette
Member since Jun 2007
36048 posts
 Online 

re: So watched CBS and listened to WWL today and heard their take on Hostess.


quote:

due to mis-management



I'll say. I read they are a Texas-based company? Yet they hired a union work force? Mis-mangement indeed. Should have got some MexiCANS.






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GumboPot
LSU Fan
Saints Fan
Member since Mar 2009
24111 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


So, is a Twinkie bailout in the works?





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wavebreaker
LSU Fan
New Orleans
Member since Nov 2012
467 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


Covering for the unions.

Heck, idiots on here blaming management instead of ObamaCare for the increase in costs due to ObamaCare.






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CamdenTiger
Member since Aug 2009
27097 posts
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re: So watched CBS and listened to WWL today and heard their take on Hostess.


They were in bankruptcy and the 8% reduction of salaries was a no from the unions.....done, disolved. 18,000 out of work.





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Beau Tie
LSU Fan
Member since Oct 2012
897 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


They do realize that unemployment doesn't pay as much as their job was paying. They just wanted to call the bluff of the executives. That's called playing with the losing hand.





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Libertariantiger
LSU Fan
Member since Nov 2012
397 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


quote:

Listened to WWL


When I read I wondered how many boxes of cookies it would take to change Garlands mind one way or the other. I hear he hates corruption, unless u cut him in.






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BamaDude06
Alabama Fan
Lane Train
Member since Jan 2007
1947 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


quote:

It does not say anything about the Union people demanding money. They say that hostess was in trouble a long time ago due to mis-management. Are they afraid of the Unions or just shoddy reporting?


Corporate America does not like unions. Corporate America also owns the major media in America like Fox, CBS, NBC, etc. Draw your own conclusions.






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VOR
New Orleans Pelicans Fan
New Orleans
Member since Apr 2009
40990 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


quote:

It does not say anything about the Union people demanding money. They say that hostess was in trouble a long time ago due to mis-management. Are they afraid of the Unions or just shoddy reporting?





Let me get this straight. You have reviewed the financials sufficiently enough to draw the conclusion that Hostess would be successful if not for the unions. Right?






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BobABooey
LSU Fan
Parts Unknown
Member since Oct 2004
1288 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


Go search for Twinkies on eBay. Someone's getting paid!





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Layabout
UNO Fan
Baton Rouge
Member since Jul 2011
6643 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


quote:

Our members know that the plans all along of the Wall Street investors currently in control of this company did not include the operation of Hostess Brands any longer than it takes to sell the company in whole – or in part – in a way that will maximize the profits of these vulture capitalists regardless of the impact on the workforce.

The wholesale bread and cake baking business is unique. The most successful and profitable wholesale baking companies share common attributes, most notably being executive leadership with extensive background in the business and a skilled and dedicated workforce. Hostess Brands and its predecessor companies have had the latter for decades.

Unfortunately however, for the past eight years management of the company has been in the hands of Wall Street investors, “restructuring experts”, third-tier managers from other non-baking food companies and currently a “liquidation specialist”. Six CEO’s in eight years, none of whom with any bread and cake baking industry experience, was the prescription for failure.






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RogerTheShrubber
LSU Fan
Juneau, AK
Member since Jan 2009
90316 posts

re: So watched CBS and listened to WWL today and heard their take on Hostess.


quote:

. They say that hostess was in trouble a long time ago due to mis-management.


They were. They signed shitty contracts with the unions.






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