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Twinkie CEO Admits Company Took Employees Pensions and Put It Toward Executive Pay | Alternet:
"According to a report by the Wall Street Journal , Hostess’ CEO, Gregory Rayburn, essentially admitted that his company stole employee pension money and put it toward CEO and senior executive pay (aka “operations”).
While this isn't technically illegal, it's another sleazy theft by Hostess executives - who've paid themselves handsomely while running their company into the ground. Just last month, a judge agreed to let Hostess executives suck another $1.8 million out of the bankrupt company to pay bonuses to CEOs. "
Former NATO Chief Stoltenberg Says Alliance Let Ukraine Down, Washington
Was ‘Defeatist’
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Former NATO chief Jens Stoltenberg points fingers for the collapse of
Project Ukraine as the country faces a devastating winter.
1 hour ago
