[ale] Way OT - the death of Twinkies

[Sparr]

Sorry, my math was in error at one place. I did the math for no
executive raises, not renounced salaries. Double the numbers for
renounced salaries.

On Wed, Nov 21, 2012 at 11:20 AM, Sparr <sparr0 at gmail.com> wrote:
> So, if the CEO and those other nine executives had, instead of getting
> pay raises, renounced their salaries, that ~$3M/yr could have been
> distributed among the striking employees. Let's assume the
> non-striking employees wouldn't have minded not getting a slice of
> that pie*, so that $3M could be split between just the 5000 bakery
> union employees. That's a whopping $600 per employee. The extension of
> your "equally at fault" is that you think the strike is ~50% likely to
> have ended if a $600 per year salary concession had been made. I think
> that's extremely unlikely.
>
> * - if $3M is split between all 18000 employees instead of just the
> 5000 who were striking, the salary bump goes down to $167 per person.
>
> On Wed, Nov 21, 2012 at 10:47 AM, arxaaron <arxaaron at gmail.com> wrote:
>> The failures behind the bankruptcy of the Hostess corporation are at
>> least equally the fault of corporapist executive incompetence, exploitation,
>> and gluttonous greed as they are of the unions trying to maintain living
>> wages and equitable working conditions for the people who were actually
>> making and delivering the products: