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  •  DoJ and Unions up in Arms at Hostess..... (2+ / 0-)
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    wintergreen8694, mdmslle



    U.S.: Hostess liquidation bonuses too sweet for managers

    Hostess Brands Inc., the maker of the iconic Twinkies snack cake, will square off in a bankruptcy court on Monday against an agent of the U.S. Justice Department, who says the wind-down plan is too generous to management.

    The U.S. Trustee, an agent of the U.S. Department of Justice who oversees bankruptcy cases, said in court documents it is opposed to the wind-down plan because Hostess plans improper bonuses to company insiders.  read more>>>

    They got their handsome Bain style bonuses now they want compensation to as they stick around liquidating the assets of for their enhanced wealth and the rest of the investors!

    Vets On FLOTUS and SLOTUS, "Best - Ever": "We haven't had this kind of visibility from the White House—ever." Joyce Raezer - Dec. 30, 2011

    by jimstaro on Mon Nov 19, 2012 at 12:30:22 PM PST

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