[lbo-talk] Bankruptcy attack?

Doug Henwood dhenwood at panix.com
Fri Oct 28 16:53:03 PDT 2005


Steven L. Robinson wrote:


>Point well made. Even in the once 'depression proof' industry of
>baking, U.S. companies are failing. The country's largest baker
>(Interstate Bakeries, the baker of Wonderbread, Hostess, and other
>labels) is in bankruptcy. It's main rival, Sara Lee, has
>been rumored to be on the brink of bankruptcy and is undergoing
>'restructuring.. Both have lost market share, at least here in
>California, to a Mexican company, 'Bimbo.' It seems American Capital
>can't even bake a loaf of bread. SR

And their stuff sucks too.

Doug



More information about the lbo-talk mailing list