Fuck Hostess and their Twinkies.....

Discussion in 'The Bar' started by Smell Muhfinger, Nov 27, 2012.

  1. Smell Muhfinger

    Smell Muhfinger "is just really nice?"

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    Hostess Executives Received Large Pay Increases While The Company Was Preparing A Bankruptcy Filing.


    Hostess management, which is currently blaming unions for killing the Twinkie, awarded company execs absurdly large raises around the same time as filing for bankruptcy in January 2012 - including a 300% pay raise for then-CEO Brian Driscoll.

    According to the the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union:

    "As the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256."


    http://www.snopes.com/politics/business/hostess.asp
  2. BearShit

    BearShit Well-Known Member VIP

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    sup nigga, how you doing?
  3. gilaet

    gilaet Police Truck Administrator

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  4. rolltide

    rolltide New Member VIP

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    The upper management was never going to let the business succeed. It was worth more to THEM sold off.
  5. Smell Muhfinger

    Smell Muhfinger "is just really nice?"

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    Good, bruvah. You? :pimp:
  6. BearShit

    BearShit Well-Known Member VIP

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    good, watching some jungle ball and my team looks like mikes armpit
  7. Smell Muhfinger

    Smell Muhfinger "is just really nice?"

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    Exactly! :mad:
  8. Smell Muhfinger

    Smell Muhfinger "is just really nice?"

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    Drinking some Natty Ice and hatin' on corporate America. :dontknow:
  9. Scott

    Scott Beach Bum VIP

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    Looks like a win for the CEOs.

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