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Why did Hostess close down?

Im hearing about it but I dont know why

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wickedpissah

Hostess had to declare bankrupty because the executives embezzled all the money, cut the worker's pay by 40% (and kept that money), they cut the worker's health coverage (and kept that money too), they stole all the money from the worker's pension funds, then they gave themselves millions of dollars in "bonuses" which bankrupted the company and left all the workers high and dry and out of a job.

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Probably not enough income to keep going.

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they werent making enough money

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Obamacare obama sucks

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Not even close
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The owners were embezzling funds.

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No more TWINKIES!! ;(

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wickedpissah
The recipes and the brand name rights are being auctioned off. It'll take a year or so, but Twinkies will return, just made by a different company.
If you'd like to place a bid, the recipe and the copyright to the name "Twinkies" is up to about $500,000,000 so far.
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