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Mortgage Grapevine

Political: So Obamacare took out Wonderbread and the unions get all of the blame?

So why is it that so little has been said about the impact of Obamacare on Wonderbread, when it was a major factor? Several more companies will follow as they start to realize that they will need to pay for insurance. Many companies have not figured it out yet.
by RICHONE November 21, 2012 9:34 PM


The debacle with Wonderbread (actually Hostess, Inc) is that the people who bought it out of bankruptcy last time borrowed way too much and counted on massive labor concessions. The amount of corporate debt is simply ridiculous - there was no way to earn it back.

On top of that, the new owners spent all their time looking to boost profits and very little time competing. They got left behind by the marketplace.

by The Truth November 21, 2012 9:42 PM


What would Bo Bo say about this thread?
by ACS2.0 November 22, 2012 12:43 AM


Hey would say "go to bed Marv"

by MTB November 22, 2012 3:53 AM


Truth

the fact that this isn't the first time Hostess has been in BK doesn't matter. Actually that was caused by Obama too.

I stubbed my toe the other day.. Obama's fault
by LOANMAN November 22, 2012 10:30 AM


I stubbed my toe the other day.. Obama's fault
by LOANMAN November 22, 2012 10:30 AM

Yet when you reasoned as such regarding George W Bush it made sense to you.
by you started it November 22, 2012 12:07 PM


Yet when you reasoned as such regarding George W Bush it made sense to you.
by you started it November 22, 2012 12:07 PM

Hahahahahahahahahahahahahhahahahahahahahahahahaha

Yep no integrity. Whatever pushes their agenda is whatever they'll see. No integrity indeed.
by MTB November 22, 2012 12:57 PM


The debacle with Wonderbread (actually Hostess, Inc) is that the people who bought it out of bankruptcy last time borrowed way too much and counted on massive labor concessions. The amount of corporate debt is simply ridiculous - there was no way to earn it back.

On top of that, the new owners spent all their time looking to boost profits and very little time competing. They got left behind by the marketplace.

by The Truth November 21, 2012 9:42 PM
______________________________________


Ignorance must be bliss.


by UrNot2Bright November 22, 2012 4:44 PM


Truth is Twinkies suck as did most Hostess products.


by StephenF November 22, 2012 9:54 PM


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