Saturday, November 17, 2018

Twinkies and Bankruptcy

The Twinkie is officially on a Chapter 11 federal bankruptcy diet.

That's right!  Hostess filed for bankruptcy.

Now, aren’t Twinkies and Ding Dongs more important than Chrysler? Do I hear a bailout plan?

Silence is all?

(Chapter 11 is a welfare plan for corporations. Sometimes it does save jobs – even more than corporate raiding does.)

Loren M. Lambert © January 11, 2012

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