SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Sr K who wrote (127787)11/18/2012 6:17:05 PM
From: Nicholas Thompson  Read Replies (1) | Respond to of 149317
 
This article conveniently leaves out the incredible burden of debt piled on Hostess by the two leveraged buyouts it underwent in the last 15 years. This debt, over 2 billion , waswhat drove the company into the gutter. the unions had already given up a lot and this last strike was done under duress by the workers. I understand the senior mgt. --if you can call them managers--- are walking out with tens of millions.