Wonder if the management group was a bunch of LEfties....I seem to remember reading something about the group that took hostess out of trouble the first time were far left Dems.
Don't know about far left, but it is a curious thing, especially after the Dems bashing venture capitalists such as Bain/Romney... See here:
The Hostess Liquidation: A Curious Cast Of Characters As The Twinkie Tumbles