Theyre going to pay $15 million to $20 million in shutdown costs, Mr. Filippou said. They wouldnt talk to any of the private equity firms that tried to make a deal. To me, thats just spite.
Yes, I'm sure the owners decided to lose millions out of "spite." It had nothing to do with the downturn in the economy, and the intransigence of the union. No sir.
What a shame -- Stella D'oro was a NY institution.
It succeeded in a New York way -- and failed in a New York way.
Stella D'Oro union workers on the picket line Sunday, June 14th 2009
For more about the strike from the union perspective and detailed wage and benefit package reductions go to:
http://www.indypendent.org/2009/03/20/bronx-bakery-battle/
This was published in May of 2009.
Most revealing are the unionist comments at the tail of the article. There are are two America, Obama's version thrives in NYC. The hard core union guys arguing that the SDO workers weren't "striking hard enough"( wink, nod, the finger along side the nose)