On Tue, 04 Dec 2012 13:14:17 -0600, Califbill
wrote:

jps wrote:
$125,000 a month.

The acting CEO of Hostess Brands, the failed Twinkies-maker, will not
take part in a company-wide pay cut.

Though he imposed an 8 percent pay cut for all Hostess workers,
Gregory Rayburn's monthly $125,000 pay -- or $1.5 million a year --
will remain unchanged, a company spokesman told The Huffington Post on
Monday. Rayburn is not on the Hostess payroll and therefore isn't
subject to the imposed pay cut, the spokesman explained.

Hostess appointed Rayburn, founder and owner of Kobi Partners, a
restructuring advisory firm, as acting CEO in March, two months after
the company filed for bankruptcy a second time.

Hostess' liquidation plan was approved last month, as were $1.8
million in bonuses for executives. Rayburn is "not eligible to receive
any bonuses, success fees, or severance," according to the spokesman.

The company's shutdown will cause about 18,000 people to lose their
jobs.

He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exhorbitant fees
too.

That's how Bain Capital made their money too. Scum.

He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

On Tue, 04 Dec 2012 20:07:13 -0600, amdx
wrote:



He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

I did start and do run a business that's more than 20 years old. I
pay far more than union wages, plus a compensation package that
includes health care benefits at exhorbitant expense.

Time to reign in some of these assholes who run companies dry. I'm
not talking about the tax man, I'm talking about the health care
industry, the most profitable industry in the US.

Can't wait for the state run markets to pull it together. I've been
paying between 10 and 15% increases every year for the past 15 years.
This year is the smallest increase ever, 6.5%. About ****ing time.

On 12/5/2012 4:14 AM, jps wrote:

On Tue, 04 Dec 2012 20:07:13 -0600, amdx
wrote:



He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

I did start and do run a business that's more than 20 years old. I
pay far more than union wages, plus a compensation package that
includes health care benefits at exhorbitant expense.

Time to reign in some of these assholes who run companies dry. I'm
not talking about the tax man, I'm talking about the health care
industry, the most profitable industry in the US.

Can't wait for the state run markets to pull it together. I've been
paying between 10 and 15% increases every year for the past 15 years.
This year is the smallest increase ever, 6.5%. About ****ing time.


Overcharging your customers? Hmm...
Greedy!
Mikek

On Wed, 05 Dec 2012 06:33:42 -0600, amdx
wrote:

On 12/5/2012 4:14 AM, jps wrote:

On Tue, 04 Dec 2012 20:07:13 -0600, amdx
wrote:



He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

I did start and do run a business that's more than 20 years old. I
pay far more than union wages, plus a compensation package that
includes health care benefits at exhorbitant expense.

Time to reign in some of these assholes who run companies dry. I'm
not talking about the tax man, I'm talking about the health care
industry, the most profitable industry in the US.

Can't wait for the state run markets to pull it together. I've been
paying between 10 and 15% increases every year for the past 15 years.
This year is the smallest increase ever, 6.5%. About ****ing time.


Overcharging your customers? Hmm...
Greedy!
Mikek

Don't understand what you're implying. I don't overcharge my
customers.

On 12/5/2012 6:20 PM, jps wrote:
On Wed, 05 Dec 2012 06:33:42 -0600, amdx
wrote:

On 12/5/2012 4:14 AM, jps wrote:

On Tue, 04 Dec 2012 20:07:13 -0600, amdx
wrote:



He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

I did start and do run a business that's more than 20 years old. I
pay far more than union wages, plus a compensation package that
includes health care benefits at exorbitant expense.

Time to reign in some of these assholes who run companies dry. I'm
not talking about the tax man, I'm talking about the health care
industry, the most profitable industry in the US.

Can't wait for the state run markets to pull it together. I've been
paying between 10 and 15% increases every year for the past 15 years.
This year is the smallest increase ever, 6.5%. About ****ing time.


Overcharging your customers? Hmm...
Greedy!
Mikek

Don't understand what you're implying. I don't overcharge my
customers.

Just pulling your chain. You didn't take the bait.
Good for you.
Mikek

In article ,
says...

On Tue, 04 Dec 2012 20:07:13 -0600, amdx
wrote:



He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

I did start and do run a business that's more than 20 years old. I
pay far more than union wages, plus a compensation package that
includes health care benefits at exhorbitant expense.

Facts not in evidence.

Time to reign in some of these assholes who run companies dry. I'm
not talking about the tax man, I'm talking about the health care
industry, the most profitable industry in the US.

You ability to run a going concern is doubtful.

Can't wait for the state run markets to pull it together. I've been
paying between 10 and 15% increases every year for the past 15 years.
This year is the smallest increase ever, 6.5%. About ****ing time.

So you are one of the greedy *******s who is going to toss his employees
off their health insurance plan, pay the penalty and lose productivity
because they have to wait in line to see a doctor.

In article ,
says...


He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

http://tinyurl.com/brkkbgk

In article ,
says...

In article ,
says...


He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

http://tinyurl.com/brkkbgk

We bought Hostess mini muffins and Wonder bread each week. We were doing
our part to keep them in business.

In article ,
says...

In article ,
says...

In article ,
says...


He was hired at that fee to restructure the company. So he earns the
money. Hostess main problem was a very expensive distribution network.
The drivers could not load a truck among other items of overhead.

He's part of the vulture capital firm that took over. Not enough that
these guys will reap large rewards for parting out a viable business
(save for their stupid decisions), they need to take exorbitant fees
too.


Hey, it's so easy to start and run a business, why don't you do it.
Oh, and get the union involved from the start, that way you will know
all the union rules. And don't question a rule just cause it looks
unproductive, it adds union jobs.
Mikek

http://tinyurl.com/brkkbgk

We bought Hostess mini muffins and Wonder bread each week. We were doing
our part to keep them in business.

Figures.