Twinkies Murderers Exposed - Daily Kos: 'Hostess Brands is a microcosm of what’s wrong with America'

Once again, greedy CEO packages MURDER an American Icon:  Hostess held hostage by Severance Pay Packages.

Notice the words "hedge funds" in the following quote from the article found at the link below:

"Only Silver Point and Monarch could have kept Hostess out of liquidation and kept the Twinkies bakery ovens firing. But they were, ultimately, unable to reach a deal with the unions that represents the workers who make and deliver products like Twinkies, Wonderbread and Ding Dongs. Without large union concessions—what some would say, total union capitulation—the hedge funds decided Hostess would have to die."

Now, let's take a look at what the CEO did to Twinkies, "Hostess Twinkies' former CEO tripled his salary to $2.5m as the company was preparing to file bankruptcy. Other top execs got massive raises." 

Here's another quote about Driscoll (CEO of Hostess), "Driscoll, the CEO, departed suddenly and without explanation in March. It may have been that the Teamsters no longer felt it could trust him. In early February, Hostess had asked the bankruptcy judge to approve a sweet new employment deal for Driscoll. Its terms guaranteed him a base annual salary of $1.5 million, plus cash incentives and “long-term incentive” compensation of up to $2 million. If Hostess liquidated or Driscoll were fired without cause, he’d still get severance pay of $1.95 million as long as he honored a noncompete agreement."

Let's see.  If a "Twinkies" cost $1.00, and Hostess is screwed into paying $1.9 MILLION to Driscoll, that means he STOLE 1.9 MILLION TWINKIES FROM THE ENTIRE WORLD!

Do these huge corporations actually believe that we, the people, don't KNOW what they are paying THEMSELVES!?!?!?  If you want to save these huge American companies the only was to do it is to FIRE  the greedy CEOs and put $2.5 MILLION DOLLARS back into the workers and the economy!  Ya think?!

Yes, indeed.  Driscoll murdered Hostess Twinkies, Dong Dongs, Wonderbread, and other products Americans have relied on for years!  Do you think he should be DRAGGED INTO COURT!?

Daily Kos: 'Hostess Brands is a microcosm of what’s wrong with America'