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ehrnst

(32,640 posts) Wed Jan 11, 2012, 07:54 PM Jan 2012

0

Twinkies maker Hostess seeks bankruptcy protection

A key ingredient in software development may soon be gone. The Mayans were right about 2012. We are doomed.

http://www.mysanantonio.com/news/article/Twinkies-maker-Hostess-seeks-bankruptcy-protection-2468669.php

5 replies

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Highlight:

Twinkies maker Hostess seeks bankruptcy protection (Original Post) ehrnst Jan 2012 OP

It's also a key ingredient in drug addict survival Warpy Jan 2012 #1

They are not going anywhere, they are trying to escape their obligations to union workers... rfranklin Jan 2012 #2

And get rid of union truckers MannyGoldstein Jan 2012 #3

+2 xchrom Jan 2012 #4

Owes $860 million, largest creditor $944 million? malthaussen Jan 2012 #5

Warpy

(111,339 posts)

1. It's also a key ingredient in drug addict survival

Reply to ehrnst (Original post)

Wed Jan 11, 2012, 08:00 PM

Jan 2012

We always called it "junkie food" back home instead of just junk food.

However, as long as there are Lunchables, there will be software development. And nothing packs in the calories like a cardboard Pop Tart, something else that will survive the current Great Extinction and fuel the cockroach takeover of the planet.

I don't even know what Twinkies taste like. I'm no paragon of virtue, I just think that if it's not chocolate, it's not worth the calories.

rfranklin

(13,200 posts)

2. They are not going anywhere, they are trying to escape their obligations to union workers...

Reply to ehrnst (Original post)

Wed Jan 11, 2012, 08:04 PM

Jan 2012

In its filing with the U.S. Bankruptcy Court for the Southern District of New York, Hostess listed about $860 million in debt. The company's biggest unsecured creditor is the Bakery & Confectionary Union & Industry International Pension Fund, which it owes about $944.2 million.

http://www.huffingtonpost.com/2012/01/11/hostess-bankruptcy-_n_1198789.html

MannyGoldstein

(34,589 posts)

3. And get rid of union truckers

Reply to rfranklin (Reply #2)

Wed Jan 11, 2012, 08:09 PM

Jan 2012

Just heard it on NPR.

xchrom

(108,903 posts)

4. +2

Reply to rfranklin (Reply #2)

Wed Jan 11, 2012, 08:48 PM

Jan 2012

malthaussen

(17,216 posts)

5. Owes $860 million, largest creditor $944 million?

Reply to ehrnst (Original post)

Wed Jan 11, 2012, 09:32 PM

Jan 2012

How does that work? I obviously was not meant to be an accountant!

-- Mal

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