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(NBC News)   Twinkies making a comeback? It's more likely than you think   ( nbcnews.com) divider line
    More: Cool, American Brands, equity analyst, snack cake, Kroger, ding dongs, Grupo Bimbo  
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14154 clicks; posted to Main » on 16 Dec 2012 at 5:32 PM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



Voting Results (Smartest)
View Voting Results: Smartest and Funniest

2012-12-16 05:51:44 PM  
3 votes:
I'm hiring some of those employees who were let go. Their salaries SUCKED. 25+ years at a job and earning 28K a year?! I've been shocked at some of the salaries I've seen written on aps. Even with the most incredible of benefits packages, that is piss poor for a couple of decades of your life.
2012-12-16 05:43:52 PM  
3 votes:
Of course someone is going to buy the recipe and the associated trademarks.

Quite probably it will be purchased by a shell company owned by the people who ran the original company into the ground.

It's a time-honored way of looting a company: cash out your stock, intentionally mis-manage it into bankruptcy, raid the pension fund, fark the creditors and employees. Then buy up all the real assets at fire-sale prices, set up business again under a new name with no debt and no pesky union contracts. Then you hire the old staff back at half their old wage with no benefits while loudly proclaiming yourself to be a "job creator".
2012-12-16 05:36:35 PM  
3 votes:
I don't know how it's more likely than I thought, as I thought it was an absolute certainty that someone would keep making the damn things.
2012-12-17 01:01:55 AM  
1 vote:

cptjeff: clyph: Of course someone is going to buy the recipe and the associated trademarks.

Quite probably it will be purchased by a shell company owned by the people who ran the original company into the ground.

It's a time-honored way of looting a company: cash out your stock, intentionally mis-manage it into bankruptcy, raid the pension fund, fark the creditors and employees. Then buy up all the real assets at fire-sale prices, set up business again under a new name with no debt and no pesky union contracts. Then you hire the old staff back at half their old wage with no benefits while loudly proclaiming yourself to be a "job creator".

There were people who didn't know that that was exactly what Hostess was doing the instant they said they were folding? Seemed pretty blantantly obvious to me.

Out with Hostess, in with "Hostesss".



yup, pretty much. raid the pension and fark over the non-privileged shareholders (also former employees and pensioners), then buy back your old assets and hire scab labor at a half the salary and no benefits.

yeah, it's the *unions* that are ruining America.
2012-12-16 10:48:05 PM  
1 vote:
badgerherald.comView Full Size

/approves of this news
2012-12-16 10:00:40 PM  
1 vote:
So let me get this straight...an American culinary icon 'Twinkie' could very possibly be bought out by a Mexican bakery cartel named 'Bimbo'. Please tell me this is another acid flashback.
2012-12-16 07:47:44 PM  
1 vote:
I hate to sound like a pretentious asshole (who am I kidding? it doesn't bother me...)
but it's hard to understand why anyone who has eaten, say, a cannoli, could possibly consider taking a "twinkie" and putting in their mouth in order to consume it.
2012-12-16 07:38:28 PM  
1 vote:
Screw Twinkies, I want them to bring back these...

blog.timesunion.comView Full Size
2012-12-16 07:17:41 PM  
1 vote:
Go ahead and kill yourself eating that crap.

I just hope those union workers will at least get their pension back. What happened to them is nothing more than grand larceny at a massive scale.
2012-12-16 07:09:03 PM  
1 vote:
i.imgur.comView Full Size
2012-12-16 06:36:13 PM  
1 vote:

sk8r: I'm hiring some of those employees who were let go. Their salaries SUCKED. 25+ years at a job and earning 28K a year?! I've been shocked at some of the salaries I've seen written on aps. Even with the most incredible of benefits packages, that is piss poor for a couple of decades of your life.


Yeah but if they payed their employees more, the execs wouldn't be able to give themselves such generous salaries/bonuses regardless of the fact the company was going under.

And we can't let that happen can we?
2012-12-16 06:35:54 PM  
1 vote:

clyph: Quite probably it will be purchased by a shell company owned by the people who ran the original company into the ground.

It's a time-honored way of looting a company: cash out your stock, intentionally mis-manage it into bankruptcy, raid the pension fund, fark the creditors and employees. Then buy up all the real assets at fire-sale prices, set up business again under a new name with no debt and no pesky union contracts. Then you hire the old staff back at half their old wage with no benefits while loudly proclaiming yourself to be a "job creator".


There's a video about those people.... http://www.youtube.com/watch?v=UGIk30pyHUs
2012-12-16 05:51:48 PM  
1 vote:
I like Ding-Dongs -- Twinkies? Meh.
2012-12-16 05:43:32 PM  
1 vote:
If people want them and are willing to part with money. Capitalism fi-fi-fi-finds a way.
2012-12-16 03:39:17 PM  
1 vote:
Don't call it a "comeback," they've been here for years.
2012-12-16 03:27:44 PM  
1 vote:

jehovahs witness protection: Am I the only one who never really liked Twinkies?


I'm partial to Zingers myself.
2012-12-16 03:02:39 PM  
1 vote:
Well farking duh. But I do hope you all went out on eBay and spent $100 or more on Twinkies.

And yeah, they do suck. Ding Dongs on the other hand, oh ho ho!
2012-12-16 02:53:41 PM  
1 vote:
Am I the only one who never really liked Twinkies?
 
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