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SK in CV.
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November 12, 2012 at 4:25 PM #20278November 12, 2012 at 5:05 PM #754560
patb
Participant1) Twinkies and HoHo’s suck.
2) so what if the Hostess files for bankruptcy. Either the bankers can run the company, or sell them.
3) The real problem is a Romney issue, the baker has a couple billion in debt
and can’t service it. Paying debt by screwing the workers isn’t a viable busienss model.November 12, 2012 at 5:34 PM #754563poorgradstudent
ParticipantI’m pretty sure there would be several potential buyers out there for the Hostess Brand.
November 12, 2012 at 6:25 PM #754573SK in CV
ParticipantGiven the recent election results in Washington and Colorado, this would indeed be bad timing. Surely there is a need to be filled in those states. Who will supply the sno balls?
November 12, 2012 at 6:45 PM #754579Participantlittle debbie, fig newtons or the people at Dominos
November 13, 2012 at 12:49 PM #754619desmond
ParticipantI thought twinkies enjoyed going down.
November 13, 2012 at 1:39 PM #754625Participant[quote=desmond]I thought twinkies enjoyed going down.[/quote]
My brother’s college girlfriend was called twinkies. I heard otherwise.
November 13, 2012 at 3:33 PM #754634UCGal
ParticipantMy best friend and I have done blind taste tests PROVING that ding dongs in the foil wrappers (the ones sold in boxes) taste better than ding dongs sold in the 2 packs. This taste test was done 25-30 years ago. May need to update the results.
Just saying.
Note to self – a box of ding dongs, foil wrapped, might make a good funny christmas gift for her.
November 13, 2012 at 5:42 PM #754640Participant[quote=UCGal]My best friend and I have done blind taste tests PROVING that ding dongs in the foil wrappers (the ones sold in boxes) taste better than ding dongs sold in the 2 packs. This taste test was done 25-30 years ago. May need to update the results.
Just saying.
Note to self – a box of ding dongs, foil wrapped, might make a good funny christmas gift for her.[/quote]
UC,
I never saw a ding dong not in a foil wrapper, you might have compared the ding dong to the Hostess chocolate cupcakes that were sold in the two pack? As a kid I loved them all and usually got one packed in a lunch for school. The real treat was when a Hostess Pie was in my lunch.November 15, 2012 at 8:39 AM #754727Participant[quote=desmond][quote=UCGal]My best friend and I have done blind taste tests PROVING that ding dongs in the foil wrappers (the ones sold in boxes) taste better than ding dongs sold in the 2 packs. This taste test was done 25-30 years ago. May need to update the results.
Just saying.
Note to self – a box of ding dongs, foil wrapped, might make a good funny christmas gift for her.[/quote]
UC,
I never saw a ding dong not in a foil wrapper, you might have compared the ding dong to the Hostess chocolate cupcakes that were sold in the two pack? As a kid I loved them all and usually got one packed in a lunch for school. The real treat was when a Hostess Pie was in my lunch.[/quote]
If you buy the 2 pack that’s sold at 7/11 or similar, no foil wrapping. I guess they assume both ding-dongs will be consumed at one time.
Here’s an example of a package that would have foil-free ding dongs (which don’t taste as good.)
http://www.walgreens.com/store/c/hostess-ding-dongs-snack-cakes/ID=prod6062379-productNovember 16, 2012 at 6:05 AM #754782
CoronitaParticipantGoing….going…. gone….
Bye bye 18,500 jobs… No worries, I’m sure there’s plenty of better paying jobs out there….Besides, I’m sure people feel these 18,500 jobs are too menial for American people to be doing!
And if not, I’m sure it’s ok..There’s extended unemployment benefits…And that’s ok too. Because someone else is paying for that…
And as far as Hostess brand and assets, I’m sure some company from china will pick them up..I’m sure Foxconn workers can pick up the slack and do it for much cheaper…Besides, all that Melamine has to go somewhere…..
But hey, it’s China’s fault… Buy American!
http://money.cnn.com/2012/11/16/news/companies/hostess-closing/
NEW YORK (CNNMoney) — Hostess Brands — the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread — announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them.
The closing will result in Hostess’ nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide. The bakers’ union represents around 5,000.
Hostess will move to sell its assets to the highest bidder. That could mean new life for some of its most popular products, which could be scooped up at auction and attached to products from other companies.
“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” said CEO Gregory Rayburn in a statement.
The company had given a 5 p.m. ET deadline for the bakers to return to work or face a shutdown of the company. The unions at Hostess could not be reached immediately for comment on the decision.
Hostess filed for bankruptcy in January, its second trip to bankruptcy court since 2004. It previously emerged from restructuring in 2009 after a four-and-a-half year process.
The company is now controlled by a group of investment firms including hedge funds Silver Point Capital and Monarch Alternative Capital.
In September, one of its major unions, the International Brotherhood of Teamsters, voted narrowly to accept a new contract with reduced wages and benefits. The bakers’ union rejected the deal, however, prompting Hostess management to secure permission from a bankruptcy court to force a new concession contract on workers.
The new contract cut salaries across the company by 8% in the first year of the five-year agreement. Salaries were then scheduled to bump up 3% in the next three years and 1% in the final year.
Hostess also reduced its pension obligations and its contribution to the employees’ health care plan. In exchange, the company offered concessions, including a 25% equity stake for workers and the inclusion of two union representatives on an eight-member board of directors.
November 16, 2012 at 7:10 AM #754786scaredyclassic
Participantwe are not allowed to have twinkies at our place. so a few years back i illicitly bought a pack. I was going to split it w my middle kid. we were saving it for some reason in the overhead storage compartment int he minivan. no one ever used it. We wereall in the car and for some reason another kid reached for the compartment and unlatched it;randomly; no reason. the twinkies fell out of the compartment.
it was utterly hilarious…
November 16, 2012 at 7:49 AM #754791
svelteParticipantHilarious scaredy!
It has been so long since we’ve had a hostess product in our house I can’t recall the last time – probably on the order of 20 years.
It’s funny, I can remember in my 20s buying a dozen donuts a few times a year so the 3 of us (me, wife, son) could have 4 each. That sounds so preposterous now that I can’t believe we did it. Luckily we kicked that habit before it caught up with us.
November 16, 2012 at 11:44 AM #754801Aecetia
ParticipantSave the Twinkie: A “talk show host has started an online campaign to prevent the perishing of the notoriously nonperishable spongy snack, which she calls a “golden symbol of the American dream” in her first pro-Twinkie PSA.”
November 16, 2012 at 12:10 PM #754803Diego Mamani
ParticipantFrigging unions… the terms were very reasonable given the circumstances. Even the IBT union agreed to them, but not the bakers’ union.
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