who killed the twinkie?

[Robert]

Only in the surreal world of corporate America can losers win big.

Not so. Britain's banking sector is also notorious for splurging billions in bonuses to executives who have overseen disastrous collapses in performance and share value.

 

[redrumloa]

Every hour they worked the unionized employees paid $3 an hour into their pension funds - even as they took pay cuts. Now that the company is winding up what is to become of the pension payments that the workers made all these years? Well, the company already spent most of their pensions and what was left over the executives paid to themselves as bonuses. That leaves the tax payers insuring the pension.

You don't have to be smart to make lots of money - just heartless and protected by the law when you steal.

Sounds like criminal activity to me. Sucks that there is an empty suit in the Whitehouse.

 

[cecilia]

what about the empty suits in the governor's house in those States?
aren't they the ones sucking on the koch teats?

 

[metalman]

Dean Metropoulos, teamed up with Apollo Global Management to offer $410 million for Twinkies and other snack cakes. Their offer was to serve as the minimum offer for the business but no other bidders emerged.