[ale] Way OT - the death of Twinkies

Sparr sparr0 at gmail.com
Wed Nov 21 11:20:51 EST 2012


So, if the CEO and those other nine executives had, instead of getting
pay raises, renounced their salaries, that ~$3M/yr could have been
distributed among the striking employees. Let's assume the
non-striking employees wouldn't have minded not getting a slice of
that pie*, so that $3M could be split between just the 5000 bakery
union employees. That's a whopping $600 per employee. The extension of
your "equally at fault" is that you think the strike is ~50% likely to
have ended if a $600 per year salary concession had been made. I think
that's extremely unlikely.

* - if $3M is split between all 18000 employees instead of just the
5000 who were striking, the salary bump goes down to $167 per person.

On Wed, Nov 21, 2012 at 10:47 AM, arxaaron <arxaaron at gmail.com> wrote:
> The failures behind the bankruptcy of the Hostess corporation are at
> least equally the fault of corporapist executive incompetence, exploitation,
> and gluttonous greed as they are of the unions trying to maintain living
> wages and equitable working conditions for the people who were actually
> making and delivering the products:


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