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Jenkins: Twinkies—A Defense


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SB10001424127887324352004578130912150512612.html?mod=WSJ_Opinion_LEADTopWall Street Journal:

Jenkins: Twinkies—A Defense

 

The real battle at the snack maker is union vs. union.

 


  • By HOLMAN W. JENKINS, JR.

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A corporate bankruptcy is a paper death. The underlying assets live on. Killers of paper structures, in this light, are devalued villains, but a cry has gone up to identify the villain behind the pending liquidation of Hostess Brands, maker of Twinkies, Devil Dogs, Wonder Bread and other déclassé delights.

 

Everyone knows the answer: It was the bakers—i.e., the branch of the AFL-CIO formally known as the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union. The bakers are guilty of a perfectly justifiable attempted homicide.

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