Hostess Bakery filing for chapter 7 (total liquidation). Who is at fault the union or the company?

Union workers coulda returned to work but chose not to

Hostess must have in basic terms made a marketing campaign contribution to Obama accordingly turning out to be a FOB (chum of Obama) and then gained a authorities bailout! yet then i does not hardship about it because you don't need to go back between a union guy and his Twinkie!

LOL anyone who even has to ASK just has ZERO BRAINS.

The corporate honchos of course!!!

Hostess has been in bankrupcy TWICE, and EACH TIME, the corporate ppl (ie CEO and board of directors) gave themselves MILLION DOLLAR RAISES IN PAY and moved to a right-to-work state (where unions are basically outlawed).

http://www.washingtonpost.com/blogs/she-the-people...

Man made global warming is to blame for Hostess Bakery folding. Global warming is the root of all evil.

Wonder bread was sold off to Bimbo bread in the west along time ago. Bimbo is a Mexican Company that is now the biggest in the country. It bought Sara Lee bread a couple of years ago.

sorry forgot, It's the peoples fault for not buying enough or not willing to pay enough of Hostess product. It's kind of a good thing since Twinkies are not good for you. I would say Union is more at fault then the company. Granted the company could not change enough to meet what Market demands, the Union knew it's going bankrupt and is unwilling to compromise.

I think the important thing to think of here is how can you legalize marijuana but get rid of twinkies? it's unamerican.

Hostess has been in and out of bankruptcy proceedings since 2004. This is just an excuse to get out and blame the unions.

Yep, now we get to see which of those products were profitable. Investors and competitors will line up bidding for those trade names and products, for pennies on the dollar

Private equity loaded the company with debt, pocketed the assets, and it is no longer profitable.