An Insider Account of Hostess's Demise
bluebarnstormer, Daily Kos:
Many of them likely blame the Bakers Union, me. Most understand that this was inevitable. There has been no confidence in the leadership of this company at any level of any department for years. We have watched 6 CEO's come and go since 2002 and all of them left the company worse than when they took over. All of them got paid, not just the salaries they agreed to, but bonuses and increases all along the way.
If you can't make a hugely successful business by selling Twinkies and Devil Dogs to the fattest nation on earth, especially cheap comfort food in tough economic times, unions are the least of your problems.
(Via Jessi Cash)