Nov 102012
 

Pretty soon life’s little Twinkie gauge is gonna go empty.

Twinkie maker Hostess says may liquidate itself as workers strike

And…

Hostess Brands replies to strike announcement

“A widespread strike will cause Hostess Brands to liquidate if we are unable to produce or deliver products. If that’s the case, the company will move promptly to lay off most of its 18,300-member workforce and focus on selling its assets to the highest bidders.”

Another Union success story! So, lessee:

1) Go on strike at a bankrupt company

2) Company decides to call it a day and sell off its assets, negating all contracts

3) …

4) Profit!

 Posted by at 12:17 pm