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An interesting theory in the Hostess debacle
- Thread starter EnderJE
- Start date
Hmmmm....very interesting!
I was about to say lol
Find me one without bias.
You tend to prefer slander in one direction. It makes the world easy to understand. The same is true with me.
I'm more interested in the theory presented.
Read the theory. I found it on Reddit.
digimon7068
New member
i only skimmed the story but the theory is quite believable imho...corporate raiders have been doing shit like that forever...sans the planned bankruptcy part...that's dirty pool and such a plan, if it could be proven that it was actually "planned", would be quite illegal...in fact, using a corporation in that fashion would almost certainly run afoul of the rico act...very bad news for the people that planned and carried it out...long prison sentences and trebled damages.
i tend to read a variety of sources then make a call (on shit i'm interested in this isn't one)
certain shit i disregard right off the bat, daily kos/and anything huffington related...they are just too slanted.
WSJ, Forbes, WX, la times, detroit news, and a few others imo offer a pretty well rounded opinon on things...the blaze.com when i'm feeling like hating some libtardish
I dunno. I haven't seen a different viewpoint from you in a long time. No worries though. No harm or foul meant.
Again, I thought that the theory was interesting. Regardless of the source.
I can't say that I've seen this behavior many times. Then again, I really haven't been looking for it. My assumption is that the way to earn money with a company is that they make a profit selling some goods at a reasonable cost / profit. Perhaps, I'll start to look for this types of behaviors for interest.
bias fuck yo
youpissmeoff
Banned
It is not just the stag but the article is written by an union employee
redsamurai
Banned
welcome to the american business model. I'm glad stuff like this is beginning to come out, whether in this particular case it's valid or not....this shit absolutely goes on in the corporate world. Business's, even very profitable and well run ones at that, get treated like commodities in the end. It was just a nuisance on their portfolio what with all these "wages" and "pensions" they had to pay. These hedge funds are completely uninterested in running business's over a long period. They come in, cost cut the carpet right out from under the business so that profits are maximized for a few years but the sound original foundation of the business is irreparably destroyed. Chewed up and spit out. Every small business owner that grows his business soundly then breaks like a cheap whore for the first suit that comes by with a briefcase full of cash should be shown stuff like this. There are other ways of getting out without completely turning your hard fought business over to corporate raiders. Honestly thank god we didn't hire that asshat as president...fucking job creator my hairy ass.
digimon7068
New member
buying and dismantling for profit, was all the rage in the 80's and 90's...i'm surprised you missed it.
but, purposely bankrupting in order to eliminate pension liability?? uhhhhh...ummmmm...that's fraud and they used a corporation to perpetrate the fraud, and that's racketeering.
Hahaha. I should have qualified my statement. I meant that I haven't seen it recently.
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