Greedy Hostess union fucks can't figure out why new buyers won't hire any of them
The bakers union whose strike crippled Hostess Brands Inc. and ultimately drove it to liquidate continues to blast sale plans that the union maintains "unfortunately" don't preserve "a single job."
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union represented thousands of Hostess workers who went on strike rather than accept a new labor deal they felt called for too great a sacrifice. The strike ultimately led to Hostess's decision to shut down and sell off its assets piece by piece, a continuing effort the union now says might bring in millions of dollars for creditors but offers nothing to workers.
"Unfortunately, none of the proposed purchasers in any of the asset sales have committed to preserve a single job, and in fact each has affirmatively disclaimed any obligation even to "consider" employing a single worker," the union said in court papers filed Tuesday.
The union, which previously offered the same objection to the proposed $360 million sale of Hostess's Wonder and other bread brands to Flowers Foods Inc. ( FLO ), also said some of the sales could violate federal laws.
"These bids provide minimal assurance that the rights of the debtors' workers will be protected," the union said.
Reached Wednesday, a Hostess spokesman declined to comment.
Also throwing in its two cents was Hostess's biggest union, the International Brotherhood of Teamsters. In court papers filed Tuesday, the Teamsters said they weren't aware of any bids that would restore union workers' jobs, which they said was the "great tragedy" they had hoped to avoid by accepting labor concessions when Hostess was still trying to restructure.
Hostess heads to court next Tuesday to seek court approval for several deals to sell its beloved brands, including Twinkies, Ho Hos and Dolly Madison. Those cake brands and several bakeries have a $410 million bid lined up from Apollo Global Management LLC ( APO ) and Metropoulos & Co. The cake brands were to have gone to the auction block this week, but Hostess canceled the auction after it didn't receive any rival bids.
At Tuesday's hearing, the court will also consider a $31.9 million bid for Hostess's Beefsteak rye bread brand from Mexican bakery giant Grupo Bimbo SAB de CV (BIMBO.MX) and Flowers Foods'$360 million bid for Wonder and other bread brands.
Next week's hearing will also review the winning bids of Friday's auction of Hostess's Drake's and Sweetheart brands. McKee Foods Corp., which makes Little Debbie snack cakes, has offered to start off the bidding for the Drake's assets at $27.5 million. And a United States Bakery Inc. subsidiary is the lead bidder for the Sweetheart, Grandma Emilie's and other bread brands and assets with a $28.9 million offer.
(Dow Jones Daily Bankruptcy Review covers news about distressed companies and those under bankruptcy protection. Go to Dow Jones Bankruptcy & Debt)
Rachel Feintzeig contributed to this article.
Unions exist for one reason and one reason only. To pad the pockets of the higher-ups. Nothing more. They can do NOTHING for the employees anymore. If the company can't afford their outrageous demands, everyone just gets fired. That simple. Then, the unions want to play the blame game and make their television appearances, but at the end of the day, they're still lining their wallets but their thousands of members are out of work. Unions are a ripoff.
fucking my wife is awesome, i just think of you having to have sex with other men, then start laughing while rooting, i then tell the missus what a dumb fuck you are.
Greedy Hostess union fucks can't figure out why new buyers won't hire any of them
Originally Posted by ctr10
Union's were once needed many year's ago, but now it produces incompetent people making more than they are worth in most cases.
Right.... Cause now we can trust companies to treat employees fairly? Lol
The complaints about unions may be valid, but that doesn't mean we don't need to be protected from greedy corporations.
DISCLAIMER: I do not condone the use of anabolic steroids, all information about Anabolic Steroids is for educational and entertainment purposes only. Please don't use anabolic steroids without a doctor's prescription.
Explain with some sort of fact and cited sources please.
I work for a large corporation for the first time in my life. I've never been treated better in regards to pay and as a person. Every other job I've ever had has been at an independent business. While the indies treat you as a person the same, the monetary compensation is nowhere near what it is at my current job.
Greedy Hostess union fucks can't figure out why new buyers won't hire any of th
Originally Posted by Blimpy
Explain with some sort of fact and cited sources please.
I work for a large corporation for the first time in my life. I've never been treated better in regards to pay and as a person. Every other job I've ever had has been at an independent business. While the indies treat you as a person the same, the monetary compensation is nowhere near what it is at my current job.
Explain what? That some corporations exploit employees?
All you have to do is look at the difference in pay between an employee and a CEO of many corps in the US as compared to other nations like Japan. Especially banks that fail and use tax payer money to bail themselves out.
DISCLAIMER: I do not condone the use of anabolic steroids, all information about Anabolic Steroids is for educational and entertainment purposes only. Please don't use anabolic steroids without a doctor's prescription.
thats why greece is so far in the red it will take at least 50 years to even be able to balance the books lmao
Originally Posted by azza1971
fucking my wife is awesome, i just think of you having to have sex with other men, then start laughing while rooting, i then tell the missus what a dumb fuck you are.
Explain what? That some corporations exploit employees?
All you have to do is look at the difference in pay between an employee and a CEO of many corps in the US as compared to other nations like Japan. Especially banks that fail and use tax payer money to bail themselves out.
I'm fucking sick of that employee/CEO argument. Of course the CEO of a multinational corp will receive and deserve many times in pay what an employee gets. This is the person that runs the company for God's sake. As long as he's doing the job well and expanding the company, he deserves it.
Vice versa, if the employee is doing his job well, they deserve more pay as well. Unions crush the notion that you should try to excel at your job with the automatic step wage increase on a (usual) annual or biannual basis. My entire family has been in unions public and private, I know all about their bullshit.
I'm also aware that yes, some corps are not honest. But this is usually not the norm.
And fuck Japan. Remeber the lost decade? Where they did exactly what we're doing here now? It was barely twenty years ago, you'd think we'd learn something about a nation destroying its own economy for God's sake!
Greedy Hostess union fucks can't figure out why new buyers won't hire any of them
Originally Posted by Blimpy
I'm fucking sick of that employee/CEO argument. Of course the CEO of a multinational corp will receive and deserve many times in pay what an employee gets. This is the person that runs the company for God's sake. As long as he's doing the job well and expanding the company, he deserves it.
Vice versa, if the employee is doing his job well, they deserve more pay as well. Unions crush the notion that you should try to excel at your job with the automatic step wage increase on a (usual) annual or biannual basis. My entire family has been in unions public and private, I know all about their bullshit.
I'm also aware that yes, some corps are not honest. But this is usually not the norm.
And fuck Japan. Remeber the lost decade? Where they did exactly what we're doing here now? It was barely twenty years ago, you'd think we'd learn something about a nation destroying its own economy for God's sake!
Right, they deserve millions in bonuses when their company has to be bailed out.
Yeah, they deserve to make on average 500 times the average employee. They must be 500 times smarter and work 500 times harder. Let me get this straight, a CEO should make 300 million and the majority of employees should make less then enough to support a family? Sounds like a recipe for zero middle class.
DISCLAIMER: I do not condone the use of anabolic steroids, all information about Anabolic Steroids is for educational and entertainment purposes only. Please don't use anabolic steroids without a doctor's prescription.
Never said anything about the companies that need to be bailed out. I though I was made tha clear by putting in the caveat about everyone doing their job correctly.
Yes, I do not care about the income inequality. In private industry, that's the beauty of it. If you don't like the way the company is being ran then quit. Start a company and become your own CEO then; then see if that person paid everyone the same. A CEO and a regular employee, although important, are in no way doing the same amount of work OR are expected to.
Zero middle class? Give me a break, you're starting to sound like the entire current administration.
Greedy Hostess union fucks can't figure out why new buyers won't hire any of th
Originally Posted by nikos_
would you stop that bullshit?
now,it's the last time i m answering you if you don;t apologise for being a he-bitch,alright?
we export gold,nowdays
and oil exportation is on its way
don't forget that Greece is one of the richest countries of Europe
Greece has tourism and corruption. The EU is going to implode thanks to Greece. And probably Italy. Oh, don't forget Spain ... All the greasy dago nations
The Captn' is a half retarted Jew, He is a Mod in anything goes because of his fucked up thought process.
Its not like he is a mod in a quality of life section like diet or aas. But is definitly needed to ass rape fools like J4CKT. He is the light of anything goes and will guide us to the promise land of debauchery, tranny diddleing and closet gheyness.
Greece has tourism and corruption. The EU is going to implode thanks to Greece. And probably Italy. Oh, don't forget Spain ... All the greasy dago nations
we all assume the greeks understand this, i guess we assume too much lol
Originally Posted by azza1971
fucking my wife is awesome, i just think of you having to have sex with other men, then start laughing while rooting, i then tell the missus what a dumb fuck you are.
Greece has tourism and corruption. The EU is going to implode thanks to Greece. And probably Italy. Oh, don't forget Spain ... All the greasy dago nations
The Captn' is a half retarted Jew, He is a Mod in anything goes because of his fucked up thought process.
Its not like he is a mod in a quality of life section like diet or aas. But is definitly needed to ass rape fools like J4CKT. He is the light of anything goes and will guide us to the promise land of debauchery, tranny diddleing and closet gheyness.
Vote for KOS for Anything Goes MOD . KOS = the MOD that IM deserves.
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Originally Posted by nikos_
don't forget that Greece is one of the richest countries of Europe
Are you really that dumb?
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