Vulture Capitalists
That's right they should all accept the minimum wage, work their a's off, bend over and take it... period. Wait... minimum wage! we need to drop that too! forget the benefits, if they can't learn how to read and write to get a better job, they deserve whatever happens!
This is pathetic!
Hostess Bankrupt - No More Twinkies?! - YouTube
union workers had already agreed to a series of concessions over the years and the company had failed to invest in brand marketing and modernization of plants and trucks and had focused instead on enriching owners such as private equity firm Ripplewood Holdings and hedge funds Silver Point Capital and Monarch Alternative Capital.
Officials at the three firms declined to comment.
"Our members decided... they were not going to agree to another round of outrageous wage and benefit cuts and give up their pension only to see yet another management team fail and Wall Street vulture capitalists and 'restructuring specialists' walk away with untold millions of dollars," said BCTGM International Union President Frank Hurt.
Twinkies maker Hostess plans to go out of business | Reuters
That's right they should all accept the minimum wage, work their a's off, bend over and take it... period. Wait... minimum wage! we need to drop that too! forget the benefits, if they can't learn how to read and write to get a better job, they deserve whatever happens!
This is pathetic!
Hostess Bankrupt - No More Twinkies?! - YouTube
union workers had already agreed to a series of concessions over the years and the company had failed to invest in brand marketing and modernization of plants and trucks and had focused instead on enriching owners such as private equity firm Ripplewood Holdings and hedge funds Silver Point Capital and Monarch Alternative Capital.
Officials at the three firms declined to comment.
"Our members decided... they were not going to agree to another round of outrageous wage and benefit cuts and give up their pension only to see yet another management team fail and Wall Street vulture capitalists and 'restructuring specialists' walk away with untold millions of dollars," said BCTGM International Union President Frank Hurt.
Twinkies maker Hostess plans to go out of business | Reuters
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