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Wonder Bread

Monday, December 10, 2012

Does Wellesley Host a Solution to Twinkie Debt Woes?

Wellesley accountant writes in his interest in Hostess brands.

  Does Wellesley host a solution to the end of the era of the Twinkie? Donald Sheridan, 59, of Wellesley has written in to express interest in buying Hostess, according to the New York Post. Today, Monday, is the deadline to express interest or put in a bid for the company. “I’ve been looking for a business to buy for a long time but do not have the capital,” Sheridan told The Post. While the Post calls the bid "off-beat" and "an extreme longshot," it also notes that Perella Weinberg, the bank handling the bid, must treat it as serious.  Sheridan apparently came "to the conclusion that bankruptcy proceedings have become nothing more than a means to employ stupid lawyers and stupid judges instead of being the means to teach stupid people …

Friday, November 16, 2012

(Possible) Death of the Ding-Dong, Twinkie, Wonder Bread: End of an Era?

Reports are that Hostess is starting to close down after a labor dispute. End of a beloved era, or good riddance to junk food heaven?

  Twinkies. Hostess Cupcakes. Wonder Bread. Ding-dongs. They could be gone forever, with reports that Hostess Brands, Inc., said today that it will sell off or close down its 82-year old business. Done in, says the CEO, by labor union action. Hostess filed for Chapter 11 bankruptcy protection in January. The company has been challenged by not only by snarly labor relations, and a national strike by its second-largest labor union, but also, posits the Wall Street Journal, by consumers switching to healthier foods and high ingredient costs.  But the Journal says that Hostess has threatened liquidation before, and not followed through.  But if it does liquidate, what do you think about this end to a junk-food kingdom? Will you buy some Ding-…

Reverend E. Raleigh Pimperton III

6:11 pm on Monday, December 10, 2012

In Michigan, brave Governor Snyder and courageous Republican legislators take on the union hackerama and now... The Chosen One. Let us hope Michigan becomes a right-to-work state. Reverend E. Raleigh Pimperton III   more ›

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