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Hostess bosses offered empty calories to the workers
Posted By Rob Schofield On November 19, 2012 @ 11:34 am In Uncategorized | Comments Disabled
There have been a number of stories in recent days implying that the demise of Hostess was somehow the result of unreasonable demands from workers. Here, however, are a couple of stories that debunk that narrative.
In the first (“No cupcake: Workers turn down bad deal from Hostess”) , Dean Baker at the Center on Economic and Policy Research points out that the management team with whom the workers were attempting to negotiate were basically a bunch of predatory knuckleheads.
In the second (“Hostess blames union for bankruptcy after tripling CEO’s pay”) , the folks at Think Progress provide more disturbing details.
Article printed from The Progressive Pulse: http://pulse.ncpolicywatch.org
URL to article: http://pulse.ncpolicywatch.org/2012/11/19/hostess-bosses-offered-empty-calories-to-the-workers/
URLs in this post:
 Image: http://www.wral.com/business/image/11784080/?img_list=11784080%2C11784082&ref_id=11784079
 (“No cupcake: Workers turn down bad deal from Hostess”): http://www.cepr.net/index.php/blogs/cepr-blog/no-cupcake-workers-turn-down-bad-deal-from-hostess
 (“Hostess blames union for bankruptcy after tripling CEO’s pay”): http://thinkprogress.org/economy/2012/11/16/1203151/why-unions-dont-shoulder-the-blame-for-hostesss-downfall/
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