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View Diary: Private equity-owned Hostess blames striking workers as it liquidates (263 comments)

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  •  Load them up with debt and take the money out (2+ / 0-)

    either as gigantic salary payments or in special cash distributions to partners.

    The BK court is in it to protect the interests of creditors, not the owners.   They'll liquidate the assets to pay off the creditors leaving the hedgies to keep the loot they've already taken.

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