- Sep 26, 2000
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Techs may be wrong about no remedies, when the executives of Hostess should go to jail, straight to jail, and lose all their illegal money.
I'm just quoting the lawyer who said that in this situation there is no remedy. Obviously he could be wrong. However, I have heard of other companies underfunding their pensions and haven't heard anything about penalties or ciminality.
What I think is clear is that Hostess executives were either completely incompetent or they were content to run the company into the ground as long as they were getting paid big bucks.