Twinkies Doomed ?

I think treegirl might be right. I need to go to my supermarket and see if people have already bought all of the twinkies and cupcakes? Everybody remembers them from childhood, and if they look to be gone forever, they just might go and buy some.

https://www.ebay.com/sch/i.html?_trksid=p5197.m570.l1313&_nkw=twinkies&_sacat=0&_from=R40

Capitalism at work.

I'm considering a major asset reallocation from Stocks and Bonds to Twinkies. I could have quite the nest egg in a few years when I'll be able to sell them for $50 bucks each to twinkie collectors.

Why do Twinkies get so much more respect than the Ding Dongs and cupcakes?

Ding Dongs and Cupcakes go bad after a few years. Twinkies are forever.

DonDiego's brief research suggests pjstroh's report may be inaccurate in some specifics, . . . it would help poor old DonDiego if there were a reference.

F'rinstance, Ripplewood is the largest "shareholder"( i.e. owner) of Hostess, having paid $10-per-share for stock that is now worth effectively $zero. And the $700-million debt was worked out in the 2004-2009 bankruptcy agreement. Ripplewood is a minority owner of some of that debt in the form of a $85.8-million fourth-lein note. (i.e. Ripplewood didn't just buy the company, it also contributed to the loan agreement.) A loan fourth-in-line in a liquidation is likely worth somewhat less.

CNN Money has concluded that Ripplewood Holdings has little chance of recouping any of its investment.

Ref: (who cares)

An Aside
When a story like this breaks lots of folks first instinct is to decide who's side they are on instead of just trying to understand what happened. Some folks say management is incompetent; some folks say management is evil; some folks say the unions are greedy; other folks say the unions are getting screwed. (n.b. Nobody says management is good; heck the company failed !)

DonDiego has no dog in this fight. He jes' don' wanna lose Twinkies f'rever.

But the problems besetting Hostess Brands were well summarized by the Washington Post when the company filed for bankruptcy early this year:
"a combination of pension burdens, labor rules, crippling debt from financial engineers and management’s failure to freshen up a stale product line and keep up with consumers’ changing tastes."

Also at that time Fortune pointed out that there are "no black hats or white knights in this tale", because the workers refused to adapt their demands in a competitive marketplace while management failed to turn the company around as investors looked to cash out.

Things change.

"a combination of pension burdens, labor rules, crippling debt from financial engineers and management’s failure to freshen up a stale product line and keep up with consumers’ changing tastes."

General Motors?

If DD can pick up 100 boxes of Twinkies they could last him a lifetime

Someone will likely buy the rights to Twinkies and keep making them.

Did the Aztec calendar say anything about Twinkies also ending this year???

Remember the Seinfeld episode where Elaine had to evaluate her dates for being "sponge worthy", because they took the contraception sponge off the market and she bought the remaining ones?

It may become time to ask if your family or friends are "Twinkie worthy?"