doyner: AlwaysRightBoy: basemetal: Bunch of farking ding dongs......I prefer to call them Ho Ho's.Or Snowballers.
Angry Drunk Bureaucrat: Makh: They just couldn't compete in this economy. Little Debbie is still selling cloud cakes. LinkPfft! No one bakes a cake as tasty as Tastykake.
AlwaysRightBoy: basemetal: Bunch of farking ding dongs......I prefer to call them Ho Ho's.
vernonFL: The bonuses do not include pay for CEO Gregory Rayburn, who was brought on as a restructuring expert earlier this year. Rayburn is being paid $125,000 a month.Does he shiat out gold twinkies? What could he possibly be doing to earn $125,000 a month?
Dow Jones and the Temple of Doom: Joe Blowme: HAHAHAHA the jealousy in this thread is awsomeThere's no shame in being jealous of people earning $1.8 mil to mismanage a company. shiat, I'd do it for half that.
Mattoon: Since the unions were offered 25% of the company, board membership, and a $100 million IOU from management
JeffreyScott: While $1.8 million sounds like a large chunck of money, it is within a 3.5 to 1 ratio and is very reasonable.
whidbey: Ah, capitalism.I love how we still suck its dick in the supposedly enlightened 21st century.Can't talk about being out of work, or hating on corporations that treat workers like shiat.Because it would be rude, or something.
fickenchucker: That's just stupid.But place yourself in those striking employees' shoes. I cannot for the life of me figure out why they would strike and become jobless at the end. I would vote to keep working and look for another job with at least something coming in. Unemployment can't be as much as the reduced pay rate, can it?
Magorn: As if there WERE other jobs avaialble right then in a financial secotr in which investment banks were falling like dominoes, and as if anyone would (or should) hire someone with the stink of AIG's FAIL still lingering on them.
Magorn: I'd lay money that everything's gonna get bought up by the Mexican baking giant Bimbo.
unlikely: I am constantly amazed that there hasn't been a torches-and-pitchforks uprising yet.
chrisco123: tricycleracer+1 for calling $100k a pittance.+1 for bashing unions.+1 for brevity.3/10.We have junior traders on our desk, all of 22 years-old, who will be seriously pissed if they don't get a $400K bonus. $100K for an executive is a pittance.
minoridiot: The suitors now include at least five national retailers such as supermarkets, a financial adviser for the company said in bankruptcy court.I wonder if Walmart will try to purchase the brand.
doyner: Thank God! I was worried about those guys!
Click Click D'oh: Uh... the bonuses are to retain management members who will be involved in the liquidation process, and who would likely jump ship otherwise. Farkers do realize that qualified executives would flee Hostess without retention bonuses right? Well, that actually could explain a lot around Fark if the average Farker would stay with a dieing company instead of seeking alternative employment...
Weaver95: And remember - this is ALL the union's fault!
raerae1980: T What are the grounds for allowing these bonuses for Hostess execs to be approved?
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