Hostess Cupcake Day 2024 is on Saturday, May 11, 2024: Will Obama bail out Hostess Cupcakes since their to big to fail?

Saturday, May 11, 2024 is Hostess Cupcake Day 2024. National Cupcake Day: The Best Cupcake Recipes Round Happy National Cupcake Day!

Is Hostess to big to fail, or is there something else that is causing them problems?

"numerous labor union contracts"

Once again, Unions are destroying businesses, get rid of the damn unions businesses will be able to stay in business. Look at the counties and states. There finances are being sucked up by pensions and having to pay for medical benefits for life while that employee only worked for 20 years.

@Mr Wolf

You have brown eyes don't you. I know that they must be because you are so full of bullshit.

When TARP was approved only 50% of the funds were available in October 2008, the remaining 50% was not available until January 15,2009. the democrat controlled congress made sure that this money would remain untouched until Obama was sworn into office.

On January 21, 2009, the Treasury announced new regulations regarding disclosure and mitigation of conflicts of interest in its TARP contracting.

On February 5, 2009, the Senate approved changes to the TARP that prohibited firms receiving TARP funds from paying bonuses to their 25 highest-paid employees. The measure was proposed by Christopher Dodd of Connecticut as an amendment to the $900 billion economic stimulus act then waiting to be passed.

On February 10, 2009, the newly confirmed Secretary of the Treasury Timothy Geithner outlined his plan to use the remaining $300 billion or so in TARP funds. He intended to direct $50 billion towards foreclosure mitigation and use the rest to help fund private investors to buy toxic assets from banks. Nevertheless, this highly anticipated speech coincided with a nearly 5 percent drop in the S&P 500 and was criticized for lacking details.

On March 23, 2009, U.S. Treasury Secretary Timothy Geithner announced a Public-Private Investment Program (P-PIP) to buy toxic assets from banks' balance sheets. The major stock market indexes in the United States rallied on the day of the announcement rising by over six percent with the shares of bank stocks leading the way. P-PIP has two primary programs. The Legacy Loans Program will attempt to buy residential loans from bank's balance sheets. The Federal Deposit Insurance Corporation (FDIC) will provide non-recourse loan guarantees for up to 85 percent of the purchase price of legacy loans. Private sector asset managers and the U.S. Treasury will provide the remaining assets. The second program is called the legacy securities program, which will buy residential mortgage backed securities (RMBS) that were originally rated AAA and commercial mortgage-backed securities (CMBS) and asset-backed securities (ABS) which are rated AAA. The funds will come in many instances in equal parts from the U.S. Treasury's TARP monies, private investors, and from loans from the Federal Reserve's Term Asset Lending Facility (TALF). The initial size of the Public Private Investment Partnership is projected to be $500 billion.[25] Economist and Nobel Prize winner Paul Krugman has been very critical of this program arguing the non-recourse loans lead to a hidden subsidy that will be split by asset managers, banks' shareholders and creditors. Banking analyst Meredith Whitney argues that banks will not sell bad assets at fair market values because they are reluctant to take asset write downs. Economist Linus Wilson, a frequent commenter on TARP related issues, also points to excessive misinformation and erroneous analysis surrounding the U.S. toxic asset auction plan. Removing toxic assets would also reduce the volatility of banks' stock prices. This lost volatility will hurt the stock price of distressed banks. Therefore, such banks will only sell toxic assets at above market prices.

Dumbass

On April 19, 2009, the Obama administration outlined the conversion of Banks Bailouts to Equity Share.

individual hostess cakes and pies?

I saw some Hostess fruit pies and chocolate cupcakes sold individually a few days ago. I think that you can get the Twinkies individually in vending machines and probably some gas stations/convenience stores. They might prefer that you buy larger quantities (in boxes) so that you'll spend more money overall. But the boxes otoh are not unreasonably expensive and you might find it convenient to have some Twinkies on hand for your lunch box. If you really can't find em individually,maybe you can call the manufacturer and ask them about it.

Can you still eat a Hostess CupCake after its expiration date?

The expo date was like, 10 days ago?

Hostess Cupcakes could withstand a nuclear blast - it's definitely edible.