Hostess was loaded up with debt by private equity.
In this case, it was DEMOCRAT run private equity, including Dicky Gephardt.
The archaic union rules certainly contributed also.
But notice how there’s NO MENTION in the media of the looting and pillaging done by Ripplewood. Imagine if it had been Bain Capital....
The Lewinski’s (MSM] never MENTION anything bad about the stupid democrats.