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   Bimbo may come along and rescue Twinkies from their broken home

18 Nov 2012 03:42 AM   |   15648 clicks   |   NBC News
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Joe USer     
So, if Bimbo buys out most of Hostess, will they keep the Hostess name or are we going to see Bimbo Ho Hos as an actual product?

17 Nov 2012 08:59 PM
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Silly Jesus     
Bimbo ding-dongs.

17 Nov 2012 09:17 PM
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MaudlinMutantMollusk    [TotalFark]  
Bimbo Ding Dongs?

17 Nov 2012 09:30 PM
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alienated     
Hey, this actually is a great idea- they already have the capability and make a lot of good stuff. Sara lee, Entmenmanns, etc.
I will really laugh though if Lil Debbie wins this- Cosmic Brownies, Swiss Rolls and Nutty Bars for all!

17 Nov 2012 09:41 PM
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SilentStrider    [TotalFark]  
Its pronounced "Beem-Bo" for those who don't know.
And yes, this is a real company. Their logo is on the uniform of the Philadelphia Union of MLS.

17 Nov 2012 09:59 PM
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Lsherm    [TotalFark]  

Joe USer: So, if Bimbo buys out most of Hostess, will they keep the Hostess name or are we going to see Bimbo Ho Hos as an actual product?


They tend to stick with the brands they've bought (like Sara Lee) so I imagine they'll keep the Hostess name, or maybe eschew Hostess and just call them Ho-Ho's without a parent brand.

17 Nov 2012 11:58 PM
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Kittypie070     
I've seen their goodies around town in the 7-11s and such.

They're quality products.

18 Nov 2012 12:40 AM
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Joe USer     

SilentStrider: Its pronounced "Beem-Bo" for those who don't know.
And yes, this is a real company. Their logo is on the uniform of the Philadelphia Union of MLS.


I buy their bread enough and I know how they want me to pronounce it.

But it's not pronounced "Fronk n steen" no matter how much he wishes it was.

18 Nov 2012 12:48 AM
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SilentStrider    [TotalFark]  

Joe USer: SilentStrider: Its pronounced "Beem-Bo" for those who don't know.
And yes, this is a real company. Their logo is on the uniform of the Philadelphia Union of MLS.

I buy their bread enough and I know how they want me to pronounce it.

But it's not pronounced "Fronk n steen" no matter how much he wishes it was.


Fair enough.

18 Nov 2012 12:56 AM
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texdent    [TotalFark]  
Hehe, Bimbo.

18 Nov 2012 01:00 AM
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Asa Phelps    [TotalFark]  
This going-out-of-business thing is a ploy.

You know when the last time this happened was?

2009.

It's just the Hostess way of shirking contractual obligations.

18 Nov 2012 01:04 AM
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quatchi     
According to the Christian Science Monitor, while food producers ConAgra and Flowers Food, the American company behind Nature Valley granola, have expressed interest along with Little Debbie baker McKee Foods, Mexico's Grupo Bimbo may hold the inside track.

Little Debbie may become a Bimbo?

*snert*

/Soz, I'mma frightfully immature.

18 Nov 2012 01:24 AM
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Lsherm    [TotalFark]  

Asa Phelps: This going-out-of-business thing is a ploy.

You know when the last time this happened was?

2009.

It's just the Hostess way of shirking contractual obligations.


Uh, that was Chapter 11. This is liquidation, and it's already been agreed to. Hostess is done as a company.

18 Nov 2012 01:25 AM
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L.D. Ablo    [TotalFark]  
upload.wikimedia.org

Very common down here in the Southwest and in Mexico. Not bad - I kinda like the Bimbo bread.

I wonder if some of the Hostess production would shift to Mexico. That would be a fun one for Republicans to toss around.

18 Nov 2012 01:41 AM
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ManateeGag    [TotalFark]  

SilentStrider: Its pronounced "Beem-Bo" for those who don't know.


thanks Debbie Downer. No one can have fun when you're around.

18 Nov 2012 02:00 AM
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Asa Phelps    [TotalFark]  

Lsherm: Asa Phelps: This going-out-of-business thing is a ploy.

You know when the last time this happened was?

2009.

It's just the Hostess way of shirking contractual obligations.

Uh, that was Chapter 11. This is liquidation, and it's already been agreed to. Hostess is done as a company.


I don't buy it. Inside of 2 weeks the same executives will be operating the same brands.

The teamsters saw this coming. The other union did not.

18 Nov 2012 02:10 AM
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Lsherm    [TotalFark]  

Asa Phelps: Lsherm: Asa Phelps: This going-out-of-business thing is a ploy.

You know when the last time this happened was?

2009.

It's just the Hostess way of shirking contractual obligations.

Uh, that was Chapter 11. This is liquidation, and it's already been agreed to. Hostess is done as a company.

I don't buy it. Inside of 2 weeks the same executives will be operating the same brands.

The teamsters saw this coming. The other union did not.


The Teamsters tried to get the other union to stop striking last week because they knew everyone was going to get farked.

The "executives" are two hedge funds who lent the money to keep Hostess running these past three years and one private equity firm that has been running the business. The hedge funds are first in line for liquidation payback. The PE firm is going to lose their shirt on this. The employees are farked six ways from Sunday, because the only thing that was funding their pension fund was the loan provided by the hedge funds, which now has to be paid back via property and brand liquidation. There is no more pension fund for these people. There's no more company, there's no more jobs, and there's no future for the current players.

The brand will survive, but the 18,000 people who worked for Hostess are now unemployed and without pensions.

18 Nov 2012 02:19 AM
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doglover    [TotalFark]  

Lsherm: The brand will survive, but the 18,000 people who worked for Hostess are now unemployed and without pensions.


Why do the hedge funds get paid first?

That's what's wrong with the system. The hedge funds are investments. If the investment goes pear shaped, they should spilt milk it and move the fark on. Don't invest what you can't lose and bootstraps, wot!

Meanwhile, the employees who spent their lives working and paying into that pension should be given priority, but they won't be.

It's all farkin' backwards.

18 Nov 2012 02:29 AM
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SilentStrider    [TotalFark]  

ManateeGag: SilentStrider: Its pronounced "Beem-Bo" for those who don't know.

thanks Debbie Downer. No one can have fun when you're around.


Jo USer seemed to find a way :p

18 Nov 2012 02:34 AM
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Lsherm    [TotalFark]  

doglover: Lsherm: The brand will survive, but the 18,000 people who worked for Hostess are now unemployed and without pensions.

Why do the hedge funds get paid first?

That's what's wrong with the system. The hedge funds are investments. If the investment goes pear shaped, they should spilt milk it and move the fark on. Don't invest what you can't lose and bootstraps, wot!

Meanwhile, the employees who spent their lives working and paying into that pension should be given priority, but they won't be.

It's all farkin' backwards.


From what little I gathered - they were the only ones willing to lend money during the first bankruptcy. If it's any consolation to you - they aren't going to see a return on their investment. They dictated high interest returns for the loans, and Hostess couldn't meet them.

18 Nov 2012 02:57 AM
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runujhkj    [TotalFark]  

ManateeGag: SilentStrider: Its pronounced "Beem-Bo" for those who don't know.

thanks Little Debbie Downer. No one can have fun when you're around.


ftfy

/oh god i hate myself

18 Nov 2012 03:18 AM
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Harry_Seldon     
Lil Debbie's is cheap crap.

18 Nov 2012 03:45 AM
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Apos     
Good to know that this Bimbo is more versatile than most.

18 Nov 2012 03:50 AM
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OgreMagi     

L.D. Ablo: [upload.wikimedia.org image 250x186]

Very common down here in the Southwest and in Mexico. Not bad - I kinda like the Bimbo bread.

I wonder if some of the Hostess production would shift to Mexico. That would be a fun one for Republicans to toss around.


Yes. That was mentioned in the article. Which means that we can see a return of real sugar instead of that high fructose corn syrup crap that our taxes are subsidizing so a bunch of rich corn farmers can get richer. If they go back to sugar I might give them another shot. I can't stomach the crap they've been producing. 

/Mexican Coke is better than American Coke

18 Nov 2012 03:50 AM
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Goodfella     
And I thought it would be super duper mover and shaker Edward Bronfman Jr to be the one to buy this puppy up.

18 Nov 2012 03:56 AM
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MurphyMurphy     
If I've said it once I've said it a thousand times

God bless bimbos and all they do for us.

18 Nov 2012 03:56 AM
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Mikey1969     

SilentStrider: Its pronounced "Beem-Bo" for those who don't know.


Doesn't make it any less funny. Lighten up, Francis.

I saw this coming a mile away, Bimbo has been building the Hell out of their brand since I first saw it showing up about 10 years ago.

18 Nov 2012 03:57 AM
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grimlock1972     
what no picture of what a Bimbo might look like?
/i kid i kid

18 Nov 2012 03:58 AM
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Apos     

grimlock1972: what no picture of what a Bimbo might look like?
/i kid i kid


I'll oblige you anyway:

beatdreams.com

18 Nov 2012 04:01 AM
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Mikey1969     

L.D. Ablo: [upload.wikimedia.org image 250x186]

Very common down here in the Southwest and in Mexico. Not bad - I kinda like the Bimbo bread.

I wonder if some of the Hostess production would shift to Mexico. That would be a fun one for Republicans to toss around.


The taling head on our local "Fair and Balanced" Fox News station forgot that as a "news" reporter, he was supposed to be neutral. After reporting this Friday morning, he went on a rant about how bad the strike was, like the union was striking just because they needed to fill their calendar. Funny part is; it was one of those early morning news shows that went for like 3 hours, so they reported the story 3 or 4 times(It always bugs me that they act like it's "new" news that they haven't already covered, even the same jokes sometimes), and he kept trying to jump n the discussion with his anti-union rant, but nobody gave him space. I bet he creamed his jeans when he finally got that puppy in there...

18 Nov 2012 04:02 AM
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othmar     
i guess i am not getting a pay raise.

18 Nov 2012 04:04 AM
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quatchi     

grimlock1972: what no picture of what a Bimbo might look like?
/i kid i kid


i293.photobucket.com

O Hai guiz... wots going on in this thread?

18 Nov 2012 04:05 AM
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Enemabag Jones     
ManateeGag: SilentStrider: Its pronounced "Beem-Bo" for those who don't know.

Then Mexico must be pronounced mex-ick-oh, not meh-ih-ho.

/Why must we pronounce spanish name in correct dialect, but Lee is not pronounced 'e', Kim is not 'Gim'.
//Now don't mess with my 'mericanlish.

18 Nov 2012 04:05 AM
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MrEricSir     
Funny how Mexican companies have started to cross the border in recent years, and yet that would have been unthinkable two decades ago.

Hopefully this is part of a larger trend, since Mexico's economy picking up would be good for everyone.

18 Nov 2012 04:10 AM
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viscountalpha     
I wouldn't have any problem with bimbo buying up the hostess name. If they pick up the factory too and hopefully some of the employees, I would consider it a win/win.

/that's too optimistic though.

18 Nov 2012 04:11 AM
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MrEricSir     

Enemabag Jones: Then Mexico must be pronounced mex-ick-oh, not meh-ih-ho.


It's "Meh-he-co." The letter 'x' makes an 'h' sound, but the 'c' is the same as in English.

18 Nov 2012 04:12 AM
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publikenemy     
FTA:Daniel Servitje Montull runs Grupo Bimbo, which was founded by his family in 1954. His family is worth $4 billion.

What, no scorn for this evil rich guy? If he were American, there'd be scorn o plenty. Fark, I am disappoint..

..but not surprised

18 Nov 2012 04:13 AM
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Enemabag Jones     
MrEricSir
Enemabag Jones: Then Mexico must be pronounced mex-ick-oh, not meh-ih-ho.
It's "Meh-he-co." The letter 'x' makes an 'h' sound, but the 'c' is the same as in English.


I thought the technically correct spelling was Mejico?

18 Nov 2012 04:14 AM
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Kittypie070     
publikenemy 2012-11-18 04:13:13 AM

quackquackquackquack SKWEEEAAWWRRK evil rich guy?

God DAMN you are boring.

18 Nov 2012 04:16 AM
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lordargent     
doglover : That's what's wrong with the system. The hedge funds are investments. If the investment goes pear shaped, they should spilt milk it and move the fark on. Don't invest what you can't lose and bootstraps, wot!

If they didn't get paid first, they probably wouldn't have invested because the risk of loss would have been too high.

Hi, we're out of money, so we want to borrow some from you, but if we run out again, you'll be the first to get paid during our liquidation => ok, maybe I've got some cash laying around for you.

VS

Hi, we're out of money, so we want to borrow some from you, but if we run out again, you'll get paid during our liquidation, maybe => fark you and get the hell out of my office.

... um, get the fark out of my office

18 Nov 2012 04:18 AM
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publikenemy     

Kittypie070: publikenemy 2012-11-18 04:13:13 AM

quackquackquackquack SKWEEEAAWWRRK evil rich guy?

God DAMN you are boring.



lulz..thought we hated rich guys one and all? No? Goddam overnight crowd is tame

18 Nov 2012 04:21 AM
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Kittypie070     
Nope. Not gonna feed the f*ckhat.

18 Nov 2012 04:23 AM
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SnarfVader     
I guess that means Wonder Bread won't be white any more.

18 Nov 2012 04:31 AM
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publikenemy     

Kittypie070: Nope. Not gonna feed the f*ckhat.


Oh, I'm a troll now? You know that if that guy who runs bimbo were in America, and he inherited the company from his father(which he did),, and were WHITE, he would be lambasted for being part of the evil 1%, and he'd be republican...and that would push his status over the evil edge according to most left leaners.

I'm wrong? Nah...you'll just put me into a convenient "troll" category and ignore. Neenerneenerneener I can't hear you. Why so angry? It's just debate, relax.

18 Nov 2012 04:32 AM
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doglover    [TotalFark]  

Lsherm: If it's any consolation to you - they aren't going to see a return on their investment.


I don't want them to lose money because I liked Hostess products. But the workers' pensions should get precedence over corporate interests.

18 Nov 2012 04:34 AM
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WhyteRaven74     
BTW Bimbo offered to buy Hostess a few years back. I suspect if they buy it now they'll be getting a much better price.

18 Nov 2012 04:38 AM
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OgreMagi     
I have one dumb question. Why are companies allowed to run the pensions instead of putting them in a proper fund so that stupidity by the company management doesn't wipe out some poor schmuck's 40 years of investment?

18 Nov 2012 04:40 AM
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degenerate-afro     
1.bp.blogspot.com

18 Nov 2012 04:41 AM
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OgreMagi     

WhyteRaven74: BTW Bimbo offered to buy Hostess a few years back. I suspect if they buy it now they'll be getting a much better price.


That offered about a half a billion dollars for Hostess originally. They'll probably get it for about 100 million now.

18 Nov 2012 04:41 AM
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TwistedFark     

OgreMagi: I have one dumb question. Why are companies allowed to run the pensions instead of putting them in a proper fund so that stupidity by the company management doesn't wipe out some poor schmuck's 40 years of investment?


Because socialism. And gays.

18 Nov 2012 04:42 AM
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