Post Comment Preview Comment
To reply to a Comment: Click "Reply" at the bottom of the comment; after being approved your comment will appear directly underneath the comment you replied to.
View All
Favorites
Recency  | 
Popularity
Page:  « First  ‹ Previous  2 3 4 5 6  Next ›  Last »  (23 total)
HUFFPOST SUPER USER
Bocababs
08:05 AM on 11/21/2012
We have been blaming the workers for a long time, like it is some kind of sin to want to work, to feed your family. I don't know that I can EVER work for someone again with a Chamber of Commerce Plaque hanging in their reception area.
photo
HUFFPOST SUPER USER
atexasdem
Pointing out the foolishness of republican voters.
07:51 AM on 11/21/2012
In the future when a vulture capitalist buys a company, loads it with debt, bleeds it dry then sends it into bankruptcy while rewarding the investors with millions of dollars, will it be called " Doing a Bain" on it?
This seems to be what happened to Hostess.
This user has chosen to opt out of the Badges program
photo
08:01 AM on 11/21/2012
And we the taxpayers will end up funding the retirement that the company raided immediately before the declared bankruptcy. All while the C Level exec have lined their pockets...
photo
HUFFPOST SUPER USER
atexasdem
Pointing out the foolishness of republican voters.
08:10 AM on 11/21/2012
Republicans would have one of those vulture capitalists become President of the United States. Picture that scenario in your mind.
07:31 AM on 11/21/2012
Hostess’ workers are being forced to take the blame for the poor decisions of the private equity firm that bought the company after its first bankruptcy. The firm, Ripplewood, loaded Hostess with debt, according to The New York Times.
This sure sounds like the Bain Capital way of doing business. Goodbye jobs for 18,500 people.
These Investment companies are not working to benefit the people, just their accounts in the Cayman Islands. It's called pure greed and the workers take the fall for it.
photo
HUFFPOST SUPER USER
slowdime
personal responsibility is not a crime
07:21 AM on 11/21/2012
matt,dont waste your time ob MSNBC

get on Fox and educate those who dont know stuff
HUFFPOST SUPER USER
Tblack
07:54 AM on 11/21/2012
Their viewership would spend a month trying to pronounce his name.
photo
HUFFPOST SUPER USER
slowdime
personal responsibility is not a crime
09:10 AM on 11/21/2012
yeah,that's a damn shame,too_he could really wake those people up over there
HUFFPOST SUPER USER
wordshll
07:18 AM on 11/21/2012
I see you guys have it all figured out. So now all you have to do is buy the company and set up a better management team and then a few years from now count your golden twinkies in your old age having retired as multi millionaires. Another great American success story!
This user has chosen to opt out of the Badges program
07:01 AM on 11/21/2012
Its the BAIn strategy and the usual aftermath.
Junk food is still junk food.That MKt hasnt changed one bit.
06:59 AM on 11/21/2012
sounds no different than our government senaters make big money but yet they want to cut spending on things working americans rely on. maybe our senaters should take a pay cut and stop adding to our debt.
This user has chosen to opt out of the Badges program
06:59 AM on 11/21/2012
Still, Andrew Ross Sorkin of the NYT defended Ripp
.e few private equity firms to work with organized labor to save a iconic American brand
Sorkin is a defender and mouthpiece for business.It isnt working with labor when you destroy a co and then demand Labor pay the price
Is there a certain MORMOn ROBOT in this Ripplewood co?.
Bulldgz
There Are
06:51 AM on 11/21/2012
Management in America get's all the perks and none of the blame. But "Private-Equity" companies are "sharks"! Think about it! If you owned one, you prime "objective" is TO MAKE MONEY PERIOD! larding the "target" company up with debt is what they "teach" in business school! Truth!
06:40 AM on 11/21/2012
Hostess should have raised the prices on there product.
06:25 AM on 11/21/2012
The American consumer's changing taste is still a management problem not a worker's problem. As a manager you are supposed to be planning and hedging against future changes in your business. The stock holders should be banging on the doors of the place with their pitchforks and hammers after the management.
photo
HUFFPOST SUPER USER
wdancer
If all the trees were one tree what a great tree t
06:12 AM on 11/21/2012
Another Bain.
06:10 AM on 11/21/2012
Ripplewood = Bain.

Same kind of business plan. They stopped paying into employees pension funds (which is against the law if they've signed a labor contract to do so) and gave themselves raises totalling more than 3 times what they had been. Now they want to point fingers at their workers?

I don't think so, Ripplewood.

How do we go after companies like this? Public pressure has to be applied to them before these situations happen, not after the fact. I think unions need to hire a publicity firm which does nothing but alert the public to these kinds of situations across the country before the situations become so drastic.

If I had known about this a year ago, I would have been hammering Hostess with complaints every day.
HUFFPOST SUPER USER
lulubelle1956
05:48 AM on 11/21/2012
i hope the bankruptcy court disgorges all the ceo compensation packages and puts the money disgorged back into the pensions.
photo
HUFFPOST SUPER USER
Lauro Andrea
05:32 AM on 11/21/2012
I knew I smelled a vulture capitalist in here. They saddled the company with debt. I don''t understand how they can use the reasoning that consumers no longer want Hostess products when marijuana just got legalized in two states. Smoking weed is one of the only times I reach for processed food- which is most often Dong-dongs or Ho-hos. I was expecting a boost of sales in fact.