Unions killed HOSTESS

[SiriusDawg]

Link

According to a report by the Wall Street Journal, Hostess’ CEO, Gregory Rayburn, essentially admitted that his company stole employee pension money and put it toward CEO and senior executive pay (aka “operations”). While this isn’t technically illegal, it’s another sleazy theft by Hostess executives – who’ve paid themselves handsomely while running their company into the ground. Just last month, a judge agreed to let Hostess executives suck another $1.8 million out of the bankrupt company to pay bonuses to CEOs.

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Back in 2005 Hostess sent out a letter saying they’d just had a very, very profitable quarter. Their stock jumped up. The CEO, Charles Sullivan, and many of the senior executives sold chunks of their stock. Then, a few weeks later in 2005, came the letter saying that, oops, all of that profit had really been just an accounting error – the company was actually in trouble. Although the CEO and the top guys had all made a nice killing selling the stock when it was high, and paying a maximum income tax on it of 15 percent because they used the Capital Gains loophole that Mitt Romney used to become a multimillionaire, they now wanted the workers to take a big pay cut.

[Hateman]

George W Bush did

[PI Nate]

Video killed the radio star...

[Scarfo]

You have to give it up to Roger Ailes. How he got half of America's working class to turn against organized labor, I'll never understand.

[Jim Lahey]

You have to give it up to Roger Ailes. How he got half of America's working class to turn against organized labor, I'll never understand.

God, gays and guns for starters....

[racerx]

alert: op is liberal libtard who believes the lying lamestream liberal media


the libby liberals stole christmas so we can't have ho ho's.




gov christy vows to bring back ho hos for america!