Take that Twinkie and shove it where?

In the end the Turkey that was Hostess Brands just wasn't going to fly, with the bakers union turning down the last minute mediation effort amidst outrage over the executive bonuses and pay raises while everyone else takes fewer crumbs.

As I thought, the plan forward will include dumping the underfunded pensions on the PBGC (maybe with taxpayer assistance) and trying to sell what's left, and the bankruptcy judge has approved it.

One commentator noted that "Ethically speaking, Hostess might as well be the poster child for the processed food industry that exhibits microscopic amounts of respect for its assembly line workers and the consumers whose arteries its products are fatally clogging."

Toward the end of the hearing Thursday, a man who said he'd worked at Hostess for 34 years stood to give his objections to the wind-down plan, saying creditors shouldn't be given money from brand sales when the company hasn't been paying into workers' pension funds.

Management, with their bonuses and pay intact, were jubilant.  Other doubters were less so.
"BREAKING NEWS OF THE DAY, November 30, 1842: President John Tyler reacted with great joy at news that the top industry leaders of the HOSTESS CORPORATION will be awarded more than $1 million in Bonuses, Payments and sundry other Monetary Blessings for the great works they do for that corporation."