Originally Posted by Brainiac
Or, the Obama administration will decree that Twinkies, Cupcakes and Ho Ho's are unhealthy food items and an executive order will be issued that prevents those products from ever being manufactured again.
In ordinary times that would be tinfoil hat thinking. These days, not so much.
I think that their unhealthy reputation is what originally put them on the downward path. The union demands just pushed them over the cliff.
They went through a nasty bankruptcy in 2004. Their stock was at one time as high as $34/share and eventually wound up around $2/share.