This makes you wonder

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  • 1 Post By skb
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This makes you wonder


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Old 01-10-2012, 17:44   #1
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Default This makes you wonder

ARE we eating that much junk food, when the makers of Twinkies is RE-FILING bankruptcy protection???

Report: Hostess Brands Preps For Bankruptcy - Project Economy News Story - KMBC Kansas City

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Old 01-11-2012, 02:16   #2
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Though there could be many reasons a company can go kaput, it does say in the report that the reason for this filing is low sales.

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Old 01-11-2012, 04:19   #3
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Coke+Nestle JV on so called calorie burner iced tea project in India got dumped for low sales:

Coca-Cola, Nestle dump India iced tea JV

 
 
Old 01-11-2012, 11:14   #4
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The way I understand it, Hostess filed chapter 11 to dump its pensions. It is a trick the business world learned from the airlines. Chapter 11 is also a good way to get rid of bad leases.

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Old 01-11-2012, 12:33   #5
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EEEEVIL. Speaking as someone vested but not yet retired.

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