WebsterMark wrote on 11/21/12 at 08:52:38:
The tripling of the CEO's salary says other wise kiddo
kiddo; Hostess is 800+ million in debt and lost over a billion dollars last year. A 2.5 million dollar salary has zero, zero impact.
That kind of thinking is how obama can BS the out kiddo public into thinking all we gotta do is make the rich 'pay their fair share' and he can keep up his handouts.....
Aaaaah OK then the 0 impact needs to be cut down to negative ... a CEO making 2.5 billion when the company is 800 mill in the red makes the workers want to spit in the twinkie kiddo.
Thank got I have not eaten a twinkie or nearly any other hostess product in maybe 10 years ...
Once again their product line was garbage ... high sugar, high fat and no nutrition value, that is a management failure ... much like suzuki's bankruptcy ...
Almost any large scale failure IMHO in recent times including the suzuki failure I'd chalk it down to management failure ... lack of direction, lack of vision, lack of competetiveness etc etc ... the nut and bolt guy isn't designing suzuki ...
However in the 60's and 70's if you recall, the british and other european cars used to come out of the factory missing bolts, missing other critical components ... they were popular and well liked ... aka nicely designed and appealing, but they function horribly ... that is labor and union failure classic ...
You're riding your suzuki car/bike bought new last week .. .and your darn brake caliper falls off ... OK there failure of labor/union ... blame the $15/hr assembly line guy ...
You walk into the showroom and your suzuki car/bike looks like garbage next to the gleaming new honda car/bike ... sorry management failure there.
Extend that to the twinkie ... you bite into a twinkie and get a nice long strand of hair ... booya, labor ... you dont even buy a twinkie cos its 350 calories with 150 from sugar and 200 from fat ... management is the culprit.
Cool.
Srinath.