SniperFire
Senior Member
The news media is treating this like a joke, Tee..hee...heee, we can say "Twinkies" and "Ding dongs" in a news report.
The reality is, a big hedge fund bought up this company that had been around for 85 years, and as they are wont to do, they started squeezing the employees for concessions in order to pay themselves dividends and bonuses. In short, everything that has been wrong with this economy for the last 30 years.
The unions already made concessions on pay and pensions, and instead of using that money to invest in new equipment, the HEdge fund just looted the money. And now they are in crisis, partially because of the bad decisions, partially because we are more health conscious and not eating as much of that garbage, and partially because the working folks there actually have the ability to say "Enough".
They shall now make the ultimate concession.
But do not be dismayed. Perhaps Mary Kay needs more Independent Distributors!