Looks like Hostess may still survive yet, says CNBC:

According to WSJ, the judge is the one who suggested mediation:

A bankruptcy judge Monday asked whether he should preside over mediation between Hostess Brands Inc. and its striking union to avoid pulling the plug on the baker of Ho Hos, Twinkies and Wonder Bread.

At a hearing Monday on Hostess’s request to begin the process of shutting down its business, Judge Robert Drain of the U.S. Bankruptcy Court in White Plains, N.Y., asked attorneys representing Hostess and the Bakery, Confectionery, Tobacco Workers and Grain Millers International union whether mediation could help the two resolve their issues and avoid the loss of more than 18,000 jobs.

“To me not to have gone through that step leaves a huge question mark over this case, which I think–I may be wrong–but I think will only be answered in litigation. And that’s no one’s desired outcome,” the judge said.




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72 comments
mikeinidaho
mikeinidaho

No problem, Judge! Hostess should astand on it's original offer and no more. The unions must be broken and the company has the upper hand here. Union doesn't accept the offer as originally made? No problem, hostess closes shop and sells everything.

bongobear
bongobear

Effing unions. I guess we'll see if the baker's union has any compassion for the 17,000 people who are about to lose their jobs because of apparently unreasonable demands of 5,000 bakers. Don't hold your breath.

spin43
spin43

Unemployment, SNAP cards, and all the other freebies is much easier than working. Maybe the union members will finally get enough free time to visit Vegas or go on a cruise. With Obama in office, all the sheep will get their daily rations. I swipe my EBT. I watch my BET. Don't forget your ObamaPhones.

tshtsh
tshtsh

Hostess should move to a right to work state and hire non union bakers rather than deal with the union.

Libertyship46
Libertyship46

Maybe the union will back down now that they know that 18,500 members will lose their jobs just before Christmas. I don't think that will have a positive effect on union membership.

FreeManWalking
FreeManWalking

0b0 probably called the judge and told him NOT to let the Bankruptcy proceed.

Myptofvu
Myptofvu

What does a BK judge know about Union Negotiations? I don't like the smell of this. What if the judge thinks he worked out a great bargain but Hostess turns it down and BK proceedings resume. Does Hostess now face a hostile judge throughout liquidation?

JeffWRidge
JeffWRidge

Aww, isn't that sweet? Sorry, I couldn't resist the obvious joke. I'm weak.

DebbyX
DebbyX

Long live the Twinkie!

wodiej
wodiej

Guess those workers thought eating and paying bills was more important than their so called principles of higher wages when millions of other people are STILL OUT OF WORK!! What a bunch of friggin' MORONS!

Constance
Constance

I am torn on this one. I think the company has the right to shut its doors and file for bankruptcy if it chooses, but I also think there are a lot of people losing their jobs who weren't involved in the Baker's Union. They are caught in the middle of a mess. I am just opposed to unions, period. This is what happens in the end - entitlement mentality and thuggery. Instead of being grateful for having good jobs with benefits in this horrible economy, they keep upping the ante. I don't really see any benefit to Hostess to work with the Baker's Union at this point. If they are successful in somehow saving this, they will only be held hostage by the Unions again going forward. I think it's time to go belly up and let our favorite treats be made by a non-union company. I just feel bad for those employees who had no choice in this mess.

david r
david r

Remember the 50's & 60's commercials of Wonder Bread...." It builds strong bodies 12 ways." Yea! until the bakers union got a hold of it and made it weak.

AmericanborninCanada
AmericanborninCanada

Well I guess that leaves me off the hook for now. I was wondering how I could manufacture enough home made ones to feed all my Scoop family. Whew!

BikerHoop
BikerHoop

Well, you don't have to worry about any for me. I've never had one and don't plan on starting now.......

Constance
Constance

I know, and Christmas is coming! Aren't all of us part of the Scoop family? That means I'll be putting my order in for three dozen Twinkies with you... don't skimp on the filling. :)

AmericanborninCanada
AmericanborninCanada

lol- thatta girl! I never scimp on filling lol. :-D

AmericanborninCanada
AmericanborninCanada

LOL Chocolate.... I haven't eaten any since before the election. Maybe that's why I've been such a basketcase?!

poljunkie
poljunkie

The questions are great!!!! :-) hah

poljunkie
poljunkie

Oh, I forgot about the Suzy Q's. I havent had those since high school!

My son reminded me about the snow ball cupcakes.

Stewie
Stewie

Out of curiosity, I checked on ebay to see what was going on. OMG! So many delicious looking treats that I didn't even know existed.

Chocolate creme twinkies

Orange Cupcakes

Strawberry Cupcakes (would love to try one of those)

Suzy Q (which double as a base for an ice cream treat)

Mini Donettes

Those awesome paper/wax wrapped pies

Zingers (strawberry, not frosted)

Honey Buns

...and my all time favorite- Coffee crumb cakes

I should have picked some up on the morning I heard about this, but it didn't seem wise to add debt for such a fleeting temptation. I haven't had most of the above in months, if not years.

poljunkie
poljunkie

….I'll take a couple dozen, dipped (in chocolate)

:-)

GreenBeretWay
GreenBeretWay

Hostess is going Bankrupt? NOOOOOO,say it ain't so?

I "Wonder" if the "HOHO" in the White House is concerned her little leeches are getting too "Twinkie Fat" If her kids aren't allowed to eat them,outlaw them.

Oh man,this sucks.What am I going to eat for dinner now?

Nothing better than a couple slices of Wonder Bread with a few Twinkies and HoHo's crammed in the middle.

AmericanborninCanada
AmericanborninCanada

See my post below myGreenBeret. I aim to give special deals on my home made ones to my boys. :-) I've got the filling recipe, and I know how to use it.

wodiej
wodiej

ROFL!! Oh my gosh....my little brother used to make the most awful combinations. His pride was a sandwich w peanut butter and jelly, cottage cheese, bologna and mayo, potato chips topped w oreo cookies dunked in milk. A real sicko.

Constance
Constance

Yikes... never had one of those Twinkle-Ho Wonder sandwiches!

Personally, I LOVE Wonder Bread. Grew up on it, and I still love it. Best bread in the world for peanut butter and jelly sandwiches. Yummy for the tummy.

maynardb50
maynardb50

The sellers of Twinkies on Ebay are NOT going to like this!

p m
p m

Stuff the unions - let them eat cake, or Twinkies if they can find any.

Arbitration will just put Hostess back in those union chains. And how insane is it that there are so many damned unions businesses have to deal with just to get a product out there? Way past time to abolish them - they just bring ruination wherever they operate. Bottom line - no country or industry can afford them, regardless of who they claim to 'represent'.

wodiej
wodiej

There is no need for unions anymore w all of the labor laws. They are outdated, non essential and all they do is bankrupt companies [not that some don't deserve it].

Arrrggghhh
Arrrggghhh

Argh. I bought 15 boxes of Twinkies in hopes of retiring. I found one story that said they were selling for $200,000 a box. My (soon to be fat) kids will be eating them for months.

BikerHoop
BikerHoop

Wait!!! Don't let your kids eat them. Save them for your great-great-great-grandkids... they'll still be as fresh as the day they were made!

jrt1031
jrt1031

looks like they might squeeze out of this but this problem isnt going away too fast and those union members will be wanting blood soon after the resolve. Unions are always bad. Individuals are what make america great not herds of cattle.

BHliberty
BHliberty

Oh their blowing smoke! You know how many people would love to buy this company? Without the unions?

jrt1031
jrt1031

I hope all of those that work for a living learn the lesson here. Unions are never good for you or your bargaining. If you want to succeed in life you need to do your own work and barganing than you will have earned your compensation.

wodiej
wodiej

that's why after years in the corporate world I decided going into business for myself was quite an attractive option. Businesses care about money-not people. And I can make a lot more on my own without lining their pockets to take jet trips and have luxurious homes.

denbren52
denbren52

I heard the other day that it was the Baker's union bosses demanding a public ballot on the contract (vs. a secret ballot) that brought all of this on. All of the other unions agreed to the contracts with concessions in order to keep Hostess alive. By demanding a public vote on the contract, the rank and file were intimidated into voting against the concessions that would have saved their own jobs as well as the jobs of all the other union members who had already agreed to concessions.

This is what card check is all about, losing the right to a secret ballot.

sjmom
sjmom

My husband said he just heard on Fox News the bakers' union refuses to budge on their demands, so can the judge force them???????

Linky1
Linky1

Ask the air controllers that Reagan fired in the 80's. They tried that staredown and lost everything.

Constance
Constance

Oh, I remember that. Boy, was the left screaming in this country over Reagan's actions. It was delicious.

serfer62
serfer62

Actually the Left disowned the Controllers as did most unions. Without any support they hung on but never received unemployment

sjmom
sjmom

I remember the air controllers and I pray Hostess has the same chutzpah Reagan did. It's about time someone stood up to the union bullies.

Joseph ewing
Joseph ewing

Not the same. PATCO (the air traffic controller's union) were not allowed legally to strike.

When they did - in violation of federal law - Reagan said, "Your Fired".

Having said that, if the union refuses to move to arbitration, so be it. Shut down the company, and send them all packing.

Linky1
Linky1

I realize that the situation itself was different with the air traffic controllers -the point I was trying to make-to have someone i.e. the company, take a stand like Reagan did and fire the union bums.

bobbybstrd
bobbybstrd

Break the union. You don't need such stupid people making your Twinkies.

iaintlyin
iaintlyin

Here we go around the mulberry bush. Hostess is just setting themselves up in a scenario that mimics what America did to ourself on election day. don't depend on any mediator that offers his services in this day and age of 0. My initial opinion, 'Hostess beware'.

sDee
sDee

......" the striking union, whose 5,000 members pull in as much as $22 an hour plus medical benefits, get nine weeks of paid leave and a company pension. It ignored the warning and Nov. 15 deadline and now will take 100% losses on salaries and benefits instead of the 8% requested by management."

http://news.investors.com/ibd-editorials/111612-633816-hostess-workers-fall-victim-to-big-labor.htm

Then there are the union bosses...

FRANK HURT PRESIDENT $262,654.00

DAVID DURKEE SECRETARY-TREASURER $244,396.00

JOSEPH THIBODEAU EXEC VICE PRESIDENT $218,989.00

STEVE BERTELLI VICE PRESIDENT $198,062.00

MICHAEL KONESKO VICE PRESIDENT $184,297.00

ARTHUR MONTMINY VICE PRESIDENT $175,505.00

ANTHONY JOHNSON VICE PRESIDENT $167,433.00

ROBERT OAKLEY VICE PRESIDENT $167,265.00

RANDY ROARK VICE PRESIDENT $166,849.00

SEAN KELLY VICE PRESIDENT $161,789.00

http://www.unionfacts.com/union/Bakery%2C_Confectionary%2C_Tobacco_Workers_%26_Grain_Millers

las1
las1

sdee... WoW! Just WoW!

Constance
Constance

People making food products make up to $22 an hour? Not saying those jobs aren't meaningful and important, but really? I'd gladly take one of those positions today and work my heart out for that kind of salary, plus benefits. I'd far rather work for myself, but since that isn't taking off so much right now, give me a Twinkie-making job!

colliemum
colliemum

Oh look - that Union president is rich!

He should pay more taxes, right? Spread the wealth, right?

I bet he won't, though.

las1
las1

Quick... call in Michael Moore to make a documentary.

freenca
freenca

He can title it, "Twinkies have made me what I AM and hohos are too big to fail blues" ;-)