After driving the company into bankruptcy, getting rid of 18,000 jobs, and sending the snack world into a frenzy a judge ruled that it was ok for 19 senior executives to receive more than 1.8 million dollars in bonus pay!  Apparently its ok to fire union workers for “asking too much” and break off the […]

(CNN) – The company that makes Twinkies, Ho-Ho’s and Wonderbread is officially a bust. A federal bankruptcy judge finalized the liquidation of Hostess Brands, the company that makes the iconic baked goods. As part of the judgment, senior executives involved in winding down the company will receive bonuses ranging from $7400 to more than $130,000. […]

NEW YORK — The future of Twinkies is virtually assured. Hostess Brands Inc. said Thursday that it’s in talks with 110 potential buyers for its iconic brands, which also include CupCakes, Ding Dongs and Ho Hos. The suitors now include at least five national retailers such as supermarkets, a financial adviser for the company said […]