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View Diary: BREAKING: Hostess Brands to close as revenge for the striking workers standing up for their rights (351 comments)

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  •  Yeah? And how much debt were they loaded with? (7+ / 0-)

    Sorry, but when I hear that a company owned by hedge fund managers is in bankruptcy, the first thought I have isn't that they're not "financially stable" due to labor costs.

    They very well may broke now, but given all the Bain Capital abuses, I have to wonder.  How much debt has Hostess been loaded up with?  What are the interest payments on that debt?  How many dividend payments to parasite shareholders?  How many bonus payout to executives, board members and hedge fund consultants?

    In short, how much money has been sucked out of the company, and would Hostess still be bankrupt if it wasn't owned by corrupt hedge fund thieves?

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