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Politics : Politics for Pros- moderated

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From: FJB11/22/2012 8:35:33 AM
1 Recommendation   of 793916
 
It's Over: Bankruptcy Judge Approves Hostess Liquidation

by Ben Shapiro 21 Nov 2012 174 post a comment
So much for that ray of hope for the Twinkie. Today, the bankruptcy judge in the Hostess case gave approval for the company to liquidate. The mediation suggested by Judge Robert Drain failed; as Drain stated, “Sadly, the parties were not able to come to an agreement. It’s a free country. People are free not to agree.”

A full 15,000 employees will be terminated; another 3,200 will stay on to help wind the business down...

breitbart.com
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