Tag Archives: jordan weissman

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‘The Atlantic’ Finds Hostess’s Real Victims: Private Equity Guys Who Will Probably Lose Their Investment

Now that the Hostess closure has begun to affect all of us, Jordan Weissman of The Atlantic will discuss what’s really important here, namely: whose fault it is. And duh, of course it was not the Bain-style “private equity” managers for loading the shitty snack cake company up with debt and then legitimately raping it with management fees; no, it is only their fault for making “poor decisions,” mostly the decisions to only slash union workers pay “a lot” instead of “maquiladora-style.” Read more on ‘The Atlantic’ Finds Hostess’s Real Victims: Private Equity Guys Who Will Probably Lose Their Investment…