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Thread: The starving Baker's Union salaries...

  1. #41
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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by 274ina View Post
    The 18000 VOTED to end thier jobs.........Better no job than making lots of money for the Executives.
    This is the dumbest thing I have ever read on this site.
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  2. #42
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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by 274ina View Post
    The 18000 VOTED to end thier jobs.........Better no job than making lots of money for the Executives.
    Perhaps when you are done celebrating the power of the unions, you can write David Geffen and ask him to order his footman to come up with regulations that will curb the raid on equity that is going on in the American capital markets. This is a fine example of Corporate Raiding 2.0--instead of finding a buyer when you break a company apart, you just dump the ashes on the creditors and the bankruptcy courts.

  3. #43
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    Re: The starving Baker's Union salaries...

    The executives wanted the workers to vote for liquidation because they get a life time of Pay and beni's as a Golden Parachute.

    Then they can retire at 30 ......or 20........

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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by Fisher View Post
    Perhaps when you are done celebrating the power of the unions, you can write David Geffen and ask him to order his footman to come up with regulations that will curb the raid on equity that is going on in the American capital markets. This is a fine example of Corporate Raiding 2.0--instead of finding a buyer when you break a company apart, you just dump the ashes on the creditors and the bankruptcy courts.
    Raid on Equilty.....yes that is a problem. But as BAIN and ROMNEY show, profits from USA slaves are not enough. You must "bust out" the company to
    make enough money fast enough.

    All the more reason for SMOOT HAWLEY 2012 and massive wall street controls.

  5. #45
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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by 274ina View Post
    Raid on Equilty.....yes that is a problem. But as BAIN and ROMNEY show, profits from USA slaves are not enough. You must "bust out" the company to
    make enough money fast enough.

    All the more reason for SMOOT HAWLEY 2012 and massive wall street controls.
    I don't disagree but I don't see leftist loving unions doing anything but blaming the companies and letting the politicians they support get away scot-free. This is why companies are sitting on growing mounds of cash--to protect themselves since the government will not. Apple, Google, and Microsoft have done well in positioning themselves to protect against this crap. Hostess did not but the managers trying to save the damn company are being blamed for people long ago gone with everything and the union by my measure is celebrating they that the defeated the people who were trying to keep them employeed. If I read it correctly, the teamsters and the bakers combined would have owned half the company if they had just taken the deal so they gave up their jobs and the opportunity to manage correctly in their own eyes and what might have been a nice retirement package 20 years from now.

  6. #46
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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by Born Free View Post
    No their demands did. Really smart union management to put yourself out of work. And now you know why the unions have lost most of it's members over the years.
    No the strike had literally nothing to do with the Hostess closing. It was all corporate mismanagement. Nothing to do with the union at all.


  7. #47
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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by TheDemSocialist View Post
    No the strike had literally nothing to do with the Hostess closing. It was all corporate mismanagement. Nothing to do with the union at all.
    It has already been pointed out that the costs of labor did have something to do with the reasons it was originally failing.

    As for the here and now. It was the Union that caused this closing, as it would still be in operation had they not wanted more than the Teamster's Union accepted.

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    Re: The starving Baker's Union salaries...

    Quote Originally Posted by joko104 View Post
    “Our members were aware that while the company was descending into bankruptcy and demanding deep concessions, the top 10 executives of the company were rewarding themselves with lavish compensation increases,” Frank Hurt, President of the Bakers’ Union said.
    Do you understand the difference between having a large salary and using money promised for investment instead for salaries?
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