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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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  •  Those CEO's had no experience in bakery operations (2+ / 0-)
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    bluedust, Cassandra Waites

    The hedge fund wasn't interested in turning the business around.  they were interested in maximizing their profits and squeezing the company for everything it was worth.  Basic vulture capitalism.  If they could get everyone to blame the unions as well, so much the better for them.  

    IF there was no strike, then the union would have had to accept the massive wage concessions demanded by the company.  So, either strike and hope they come to the table or don't strike and accept that your lot in life is to make slave wages.  

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