Hostess' Union Wins Big

[blckslvr79]

Originally Posted by DarthAWM

See, two days later and nothing like that happened, wait check that it did

[XQIZT]

Originally Posted by DarthAWM

See, two days later and nothing like that happened, wait check that it did

I know it happened...but MOST reasonable people wouldn't support Union activity that completely shutters a business.

[blckslvr79]

Originally Posted by XQIZT

I know it happened...but MOST reasonable people wouldn't support Union activity that completely shutters a business.

So now your name calling?

[Texdentist]

I have read a couple of articles saying everything would work out because the Hostess name has value, and their sales numbers are good. That means someone will buy them and their name and keep production going. But....logic tells you no one is going to buy the liabilities that caused the profitability problems. They will buy the company in bankruptcy and, if already in the baking business, will likely employ bakers under their existing contracts which will probably not be as good as they had before. The Hostess name will probably make it, but the bakers are screwed I think.

[C5-R JR]

Originally Posted by pee-dreams

Every worker also has the right to strike and to help bring a company down:

They have no right to bring a company down. Only loser employees do this.




Jr.

[blckslvr79]

Dude!!!! Hostess worker or Foghat bassist? You decide.


Just "supporting a strike to get what's owed to us"
http://www.usatoday.com/media/cinematic/video/1708899/

[blckslvr79]

Originally Posted by Texdentist

I have read a couple of articles saying everything would work out because the Hostess name has value, and their sales numbers are good. That means someone will buy them and their name and keep production going. But....logic tells you no one is going to buy the liabilities that caused the profitability problems. They will buy the company in bankruptcy and, if already in the baking business, will likely employ bakers under their existing contracts which will probably not be as good as they had before. The Hostess name will probably make it, but the bakers are screwed I think.

I heard a report this morning of a Mexican company looking into purchasing part of Hostess. I'm sure they'd leave their product manufacturing here.

[Texdentist]

Originally Posted by blckslvr79

I heard a report this morning of a Mexican company looking into purchasing part of Hostess. I'm sure they'd leave their product manufacturing here.

Actually, the largest bread maker in our region, Mrs. Baird's Bakeries, with many huge bakeries around the state, was bought by a giant Mexican conglomerate, Grupo Bimbo, (yes, that's their name), several years ago. As far as I know, they didn't close any bakeries. After all, the bread needs to be in the stores within a few hours of baking. But...I'll bet if a company like that buys Hostess, the bakers won't be getting the dough (pun intended) that they wanted.

[Vette_Newb]

not over yet.. and the judge is asking the right questions.

The bankruptcy judge hearing the case said Monday that the parties haven't gone through the critical step of mediation and asked the lawyer for the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, which has been on strike since Nov. 9, to ask his client, who wasn't present, if the union would agree to participate. The judge noted that the bakery union, which represents about 30 percent of Hostess workers, went on strike after rejecting the company's latest contract offer, even though it never filed an objection to it.

"Many people, myself included, have serious questions as to the logic behind this strike," said Judge Robert Drain, who heard the case in the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y. "Not to have gone through that step leaves a huge question mark in this case."

http://finance.yahoo.com/news/judge-...203749038.html

[Poncherello]

Originally Posted by Vette_Newb

"Many people, myself included, have serious questions as to the logic behind this strike," said Judge Robert Drain, who heard the case in the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y. "Not to have gone through that step leaves a huge question mark in this case."

http://finance.yahoo.com/news/judge-...203749038.html

"Your honor, we had the best interest of our members in mind when we forced this company to close it's doors"



I would strike your ass and force your company to close.