Just Like Saturday Night Live, Hostess Is Still Dead

From Fox News: Hostess Brands Inc. lived to die another day.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge in White Plains, N.Y., will decide if the company can shutter its operations.
The renewed talks between Hostess and The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union came after the company declared last week that it would move to wind down its business and start selling off its assets in bankruptcy court. The company cited a crippling strike that was started on Nov. 9 by the union, which represents 30 percent of Hostess workers.
After making its case to liquidate on Monday, the bankruptcy court judge noted that the two sides hadn't yet tried resolving their differences through private mediation. The judge noted that 18,000 jobs were on the line and urged the company and union to try to resolve their differences. Both sides agreed to hold mediation proceedings on Tuesday.
In a statement late Tuesday, Hostess said it would not comment on the breakdown in talks other than to say that mediation "was unsuccessful." A lawyer for the bakers union said he had no comment, citing mediation ground rules.  http://www.foxnews.com/leisure/2012/11/20/hostess-poised-to-liquidate-after-last-minute-talks-with-union-fail/
Well, the bakers union gambled and lost.  Now, they have to hope that some company will buy the factories- something no one has expressed an interest in and then hope to be hired on.  And there is no chance that if they get hired that they will have the same pay, pensions, seniority, work rules etc...
When people say that unions don't cost people jobs, well, this is another example of a union costing thousands of people their jobs.
Don't these union thugs feel smarter now?
Reminds of this skit from SNL: