Money Trouble

Hostess Without the Mostest: Pay Cuts or Pension Loss

So bad it's good.
So bad it’s good.

Hostess is trying to dig itself out of the bankruptcy hole by cutting a deal that would spare worker’s pensions but drastically cut their annual salary. Twinkies and snack cakes are torn. [NYP]

Hostess Without the Mostest: Pay Cuts or Pension Loss