Hostess Brands, maker of such almost foods as Wonder Bread and Twinkies, has filed for bankruptcy protection. Again.
Unbelievably, Americans' demand for Sno Balls and Ding Dongs has declined over recent years as they look for more nutritious snacks. Imagine! Who would believe it when you look at the size of us!
Also, workers at Hostess are unionized which most of their competitors are not. Currently Hostess owes the Bakery & Confectionery Union & Industry International Pension Fund about $944.2 million.
The company has been around, in one form or another, for 87 years which is approximately how long a Twinkie will last before it goes bad.
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