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Thursday Night Story: Sundays at Rocco's

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Lidane11/16/2012 8:40:31 am PST

re: #353 danarchy

Most likely. I would give the lions share of the responsibility for the economic woes on the management. But the strike was probably the straw that broke the camels back.

Or it was the most convenient scapegoat.

Hostess has gone through six CEO’s in the past ten years and this was their second bankruptcy in six years. Blaming the unions and their strike is easy. Blaming the idiots who ran the company into the ground is much harder.

Hostess has a ton of iconic names in it’s portfolio so I have no doubt someone will buy the rights and recipes and probably sadly move the production to a right to work state.

The brands will survive just fine. I just hate that unions are being blamed for what was clearly failure at the management level.