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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. "
That $20 Dress Direct from China Now Costs $30 After Trump Closed a Tariff
Loophole – and the US Will Soon End the ‘De Minimis’ Exemption for the Rest
of the World, too
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How the Trump tariff attack on low-value shipments from Hong Kong and China
(and soon elsewhere) is yet another tax on the poor.
1 hour ago
