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Hostess faces ‘difficult,’ ‘painful’ path
date:Aug 25, 2012
ly huge liabilities if done poorly.
In our case, weve solved that, he said. We can stay in these multi-employer pension plans, and I think that works for our employees, works for our unions. But we have ways to make sure that theyre financially sound. But I dont think its a union issue, I think financial engineering can always get you.
Mr. Rayburn refused to fault past management for Hostess current situation, and instead spread the blame around.
In Hostess case, there is plenty of blame for eve

07/09 12:09