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Old 11-16-2012, 12:49   #112
07 LMB Z06
Senior Member
Join Date: Dec 2009
Location: Chicago, IL
Posts: 467
Originally Posted by GlockRik View Post
the company is owned by a hedge fund. if the employees worked for $0, they would still try to squeze them.
Such poor understanding of what actually happened.

Those hedge funds (I can just picture your bitter-beer face as you say the words) have basically been the lifeline for Hostess since they emerged from bankruptcy in 2009. They bought up and restructured outstanding debt and provided further financing so Hostess could stay in business and keep the union workers employed as long as they have.

You should be sending those hedge funds a thank you letter on behalf of the union employees who would have otherwise been out of work years ago.

Last edited by 07 LMB Z06; 11-16-2012 at 13:07..
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