if you ran hostess what would you do?

[Zorra]

71. Well, given that we have basically zip info about the real inner workings of the conglomerate,

it's impossible to answer that question.

Given that everything was above board, and the business was actually failing, this is what I would do:

First, as a responsible business person, I would scale back my lifestyleand put as little profit from the business in my own pocket as possible.

Then, I'd find a satisfactory compromise with my work staff.

I'd let them know how much I appreciate what they do, and how much I value them, and ask them to work with me to get us all through the crisis.

Then, I would offer ownership shares to all work staff.

Then, I would personally review performance of all upper level administrative/management personnel, unless I had an auditor who I trusted implicitly and could delegate the job to with confidence.

I would pinpoint all the exact causes of profit loss.

Then I'd give pink slips to administrators/managers found responsible for mismanaging my business to the point where it lost money.

Then I would limit executive salaries to $350,000, hiring fresh, hungry talent where necessary.

Dow Jones Uncovers Alleged Looting At Hostess Amid Talk Of ‘Shared Sacrifice’ By Execs
http://www.teamster.org/content/dow-jones-uncovers-alleged-looting-hostess-amid-talk-%E2%80%98shared-sacrifice%E2%80%99-execs

Then I'd take steps to remedy all the problems that had been causing profit loss, adapting to each respective situation as necessary to solve the problem.

Then, I would hire fresh, hungry talent to innovatively develop new, healthy, totally natural, very tasty, highly desirable, and very marketable products that I could produce with minimal overhead, that would appeal to the changing modern market. This would increase my revenue.

Then I would start putting some money back in the cookie jar once I'd solved the problem.