Monday, November 19, 2012

Parasites Fed On Hostess

Posted by on Mon, Nov 19, 2012 at 9:13 AM

Atrios:

Hostess got Bained. Looters looted and blamed the workers.

Paul Krugman weighs in on Twinkies today too.

 

Comments (16) RSS

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Cato the Younger Younger 1
How incompetent does one have to be NOT to operate a profitable business that sells fat infused sugar cakes to the fattest population in all of history?

Posted by Cato the Younger Younger on November 19, 2012 at 9:37 AM · Report this
2
I'm usually wary of neologisms, but "Bained" passes the full array of tests.
Posted by Calpete on November 19, 2012 at 9:42 AM · Report this
Pope Peabrain 3
Business conduct contrary to the general welfare of the public.
Posted by Pope Peabrain on November 19, 2012 at 9:42 AM · Report this
4
@1
I think that the problem is assuming that their goal was to continue to operate Hostess.
Rather, I think that their goal was to loot as much as they could then leave.
The next CEO would come in and loot whatever he could and then leave.
Until we are, finally, at the point where there is nothing left to loot.
So the company will be broken up and sold off.
Posted by fairly.unbalanced on November 19, 2012 at 10:00 AM · Report this
treacle 5
While I care not one whit about Hostess's bastardization of "food" and it's disappearance, I am outraged that financiers continue to be allowed to feast on the backsides of regular people with jobs.
Posted by treacle on November 19, 2012 at 10:28 AM · Report this
6
I clicked through anticipating to read a story about gossip columnists and Jill Kelly.
Same thing happened yesterday: "Hostess to be liquidated". Headline sounded like it would be about the CIA response to the scandal, but no.
Posted by Eric from Boulder on November 19, 2012 at 10:43 AM · Report this
7
wow

why doesn't obama do something about this?
Posted by hahahahahahahahahahaha thats a good one... on November 19, 2012 at 11:03 AM · Report this
Theodore Gorath 8
The troll's continued impotent butthurt over the elections continues to be much more delicious than anything Hostess ever made.
Posted by Theodore Gorath on November 19, 2012 at 11:13 AM · Report this
Will in Seattle 9
Big news today is moving to Chapter7 (or was it 6) from Chapter 11 and selling Twinkies again. Ding Dongs still dead. God, I used to get so excited when I had one of those ...
Posted by Will in Seattle http://www.facebook.com/WillSeattle on November 19, 2012 at 1:57 PM · Report this
Will in Seattle 10
@8 for the Insightful Trolls Gots Feewings Too win.
Posted by Will in Seattle http://www.facebook.com/WillSeattle on November 19, 2012 at 1:58 PM · Report this
11
8

speaking of impotent, why doesn't obama do something about this?

yeah.

it IS funny to even ask.....
Posted by you got nothing on November 19, 2012 at 2:42 PM · Report this
Fortunate 12
You know something is up when they claim they need to cut workers salaries for the second time to keep afloat due to debt, but once they go out of business they want to give the executives who ran the company into the ground their incentive bonuses.
Posted by Fortunate on November 19, 2012 at 2:54 PM · Report this
Free Lunch 13
@11 - Ah, so you are a fan of bailouts now. Good to see that hanging out on this blog has changed your perspective.
Posted by Free Lunch on November 19, 2012 at 6:21 PM · Report this
14
13

is that it?
Posted by (you got nothing)squared on November 19, 2012 at 8:39 PM · Report this
Theodore Gorath 15
Ha, the troll is now calling for more government intervention into the private sector. How strange.

So much butthurt.
Posted by Theodore Gorath on November 20, 2012 at 5:29 AM · Report this
16
@15

see @14
Posted by why do you even try? on November 20, 2012 at 9:09 AM · Report this

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