ADVrider

Go Back   ADVrider > Riding > Regional forums > The Rockies – It's all downhill from here...
User Name
Password
Register Inmates Photos Site Rules Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Search this Thread Display Modes
Old 11-16-2012, 12:58 PM   #9946
bobfab
Beastly Adventurer
 
bobfab's Avatar
 
Joined: May 2009
Location: Westminster CO
Oddometer: 1,227
^^^^ my apprentice at work referenced the same thing when discussing this today!!
__________________
Project Labor of Love: 1972 CT90 Rebuild
Current Stable: VFR800 | CRF250L | KTM200SX
bobfab is offline   Reply With Quote
Old 11-16-2012, 03:14 PM   #9947
pfb
Riding, not skiing.
 
pfb's Avatar
 
Joined: Oct 2003
Location: Boulder|Denver|Winter Park
Oddometer: 5,332
Quote:
Originally Posted by TheDudeAbides View Post
The "whole story" ...
Is that really the whole story? Here's another perspetive:

Hostess Blames Union For Bankruptcy After Tripling CEO’s Pay
..as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.
Yes, it's hard to keep exec's at a failing company, and sometimes you need to provide strong incentive to prevent exec's from jumping ship, although I wonder how much demand there really is for the exec's that killed the twinkie, the ding dong, and the devil dog. Unions can be burdens to legacy companies, especially ones that have accumulated huge pension debts (~$100 million in hostess's case), but it appears Hostess has a history of making pretty poor business decisions, and that is what likely killed the company. Not the twinkie maker who wants to be paid an extra few bucks for overtime hours...
__________________
⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯
950 Adventure 950 Super Enduro 450 XC-W Six Days

pfb screwed with this post 11-16-2012 at 03:22 PM
pfb is offline   Reply With Quote
Old 11-16-2012, 03:27 PM   #9948
TheDudeAbides
Sarcasm free11/11/10
 
TheDudeAbides's Avatar
 
Joined: Jul 2008
Location: Loveland, Colo
Oddometer: 7,834
Quote:
Originally Posted by pfb View Post
Is that really the whole story? Here's another perspetive:

Hostess Blames Union For Bankruptcy After Tripling CEO’s Pay
..as the company was preparing to file for bankruptcy earlier this year, the then CEO of Hostess was awarded a 300 percent raise (from approximately $750,000 to $2,550,000) and at least nine other top executives of the company received massive pay raises. One such executive received a pay increase from $500,000 to $900,000 and another received one taking his salary from $375,000 to $656,256.
Yes, it's hard to keep exec's at a failing company, and sometimes you need to provide strong incentive to prevent exec's from jumping ship, although I wonder how much demand there really is for the exec's that killed the twinkie, the ding dong, and the devil dog. Unions can be burdens to legacy companies, especially ones that have accumulated huge pension debts (~$100 million in hostess's case), but it appears Hostess has a history of making pretty poor business decisions, and that is what likely killed the company. Not the twinkie maker who wants to be paid an extra few bucks for overtime hours...

In my above posts I agree with you. I'm just saying that going on strike right now with a company that's flailing is akin to signing your own death certificate.

Paying management too much, making a product that fewer and fewer people want, embracing an out dated business model are all ways to make sure a company might go out of business.
Shutting the production floor down during bad times is a way of making sure a company will go out of business. I'll say it again: Union bosses have suicidal tendencies.

And don't you have some Apple stock to be worrying about and slopes to be skiing?
__________________
Best dualsport mirrors I've ever owned

2001 BMW F650 GS Dakar (Stolen!)
2004 DRZE
2004 BMW 1150 GSA
TheDudeAbides is offline   Reply With Quote
Old 11-16-2012, 03:31 PM   #9949
TheDudeAbides
Sarcasm free11/11/10
 
TheDudeAbides's Avatar
 
Joined: Jul 2008
Location: Loveland, Colo
Oddometer: 7,834
__________________
Best dualsport mirrors I've ever owned

2001 BMW F650 GS Dakar (Stolen!)
2004 DRZE
2004 BMW 1150 GSA
TheDudeAbides is offline   Reply With Quote
Old 11-16-2012, 04:30 PM   #9950
AteamNM
Wonna Be ADVrider
 
AteamNM's Avatar
 
Joined: Mar 2010
Location: Sandia Mountains New Mexico
Oddometer: 3,243
I liked Wonder bread. The sponsor kids triathlons as well, or did. I have eaten a Twinkie before. Life ends and life starts.
AteamNM is offline   Reply With Quote
Old 11-16-2012, 04:38 PM   #9951
mountain eagle
terrorist
 
mountain eagle's Avatar
 
Joined: May 2004
Location: Denver, CO, USA, Terra, Sol, Milkey Way
Oddometer: 2,901
Did Kermits shut down?

http://www.rollerauction.net/cgi-bin...s.cgi?roller15
__________________
mountain eagle
08'Husky TE610 x 2 TE/SM
KTM 950SE
my smugmug gallery
How can it be fun if there's not at least an outside chance of dying?
mountain eagle is offline   Reply With Quote
Old 11-16-2012, 05:01 PM   #9952
norton(kel)
vintage
 
norton(kel)'s Avatar
 
Joined: Apr 2010
Location: berthoud,colo.
Oddometer: 885
Quote:
Originally Posted by Narsisco Lopez View Post
It's obvious that riding season is gone and argument season is in full swing.

Hell with it... I'm gonna go test-ride my new heated gear.
Took your advise and went for a ride up around Carter Lake & Up to Pinewood. Cold but a great ride. Thanks Narsisco!! And when I got home I had a Twinke & hot chocolate.
norton(kel) is offline   Reply With Quote
Old 11-16-2012, 05:22 PM   #9953
Lomax
Nanu-Nanu Adventurer
 
Lomax's Avatar
 
Joined: Jul 2004
Location: Westminster Colorado
Oddometer: 8,350
Quote:
Originally Posted by mountain eagle View Post
Say it isn't so That place has been a part of my life ever since before I could walk. What a shame.

Marc
__________________
06 KTM 450EXC, 84 R100RS LE, 89 XL600V, 2012 Stelvio, 2013 V7R, 73 850 Commando, 78 CT90, 14 Ural, 74 Eldorado police, 64 R50/2
http://s22.photobucket.com/albums/b327/lomaxcm/?sc=3
Lomax is offline   Reply With Quote
Old 11-16-2012, 05:42 PM   #9954
Blakebird
r-u-n-n-o-f-t
 
Blakebird's Avatar
 
Joined: Feb 2004
Location: Parker, CO
Oddometer: 14,906
Quote:
Originally Posted by Lomax View Post
Say it isn't so That place has been a part of my life ever since before I could walk. What a shame.

Marc
I went to their website - it's not updated a lot, but doesn't mention anything about shutting down. Their October calendar was full of stuff.
__________________
IBA #11735 . 1968-present
Blakebird is offline   Reply With Quote
Old 11-16-2012, 06:14 PM   #9955
ironbrewer
Hopefully Riding
 
ironbrewer's Avatar
 
Joined: Sep 2005
Location: Broomfield, CO
Oddometer: 4,001
It says Kermits 2 franchise, so I'm thinking the original is still open.
__________________
"All the problems we face in the United States today can be traced to an unenlightened immigration policy on the part of the American Indian."


Pat Paulsen
ironbrewer is online now   Reply With Quote
Old 11-16-2012, 07:28 PM   #9956
RalphyDo
Banned
 
Joined: Aug 2012
Location: Colorado
Oddometer: 308
Quote:
Originally Posted by atokad View Post
General Motors - Chrysler

What the government will really want you to drive. It will lower health care costs because no accidents would be any more serious than a bruise or two.



Driving that thing around would cause more than just a few bruises because everyone that saw you would beat you up and take your lunch money!
RalphyDo is offline   Reply With Quote
Old 11-16-2012, 08:03 PM   #9957
Lomax
Nanu-Nanu Adventurer
 
Lomax's Avatar
 
Joined: Jul 2004
Location: Westminster Colorado
Oddometer: 8,350
WOW clipboards for mirrors.

Marc
__________________
06 KTM 450EXC, 84 R100RS LE, 89 XL600V, 2012 Stelvio, 2013 V7R, 73 850 Commando, 78 CT90, 14 Ural, 74 Eldorado police, 64 R50/2
http://s22.photobucket.com/albums/b327/lomaxcm/?sc=3
Lomax is offline   Reply With Quote
Old 11-16-2012, 08:38 PM   #9958
SnowMule
[angry moth noises]
 
SnowMule's Avatar
 
Joined: Jul 2009
Location: I LIVE IN A GIANT BUCKET
Oddometer: 17,881
Quote:
Originally Posted by mountain eagle View Post
Drove by there last weekend and noticed the place was shut down.
__________________
Spewer of the poignant non sequitur
SnowMule is offline   Reply With Quote
Old 11-16-2012, 08:58 PM   #9959
Osprey!
a.k.a. Opie
 
Osprey!'s Avatar
 
Joined: May 2007
Location: Boulder, CO
Oddometer: 3,815
I'm glad they shut down. I went there - I think with Lomax, actually - and the food was not just bad, it was disgusting. The atmosphere was interesting but I would never eat there, ever again. I wonder if they finally took down some of the cash off the walls in order to pay the rent.
__________________
It is not death or dying which is tragic; but rather to have existed without fully participating in life - that is the deepest personal tragedy. - Edward Abbey
House Einstein | Gear Thoughts | Facebook
Osprey! is offline   Reply With Quote
Old 11-16-2012, 09:04 PM   #9960
Lomax
Nanu-Nanu Adventurer
 
Lomax's Avatar
 
Joined: Jul 2004
Location: Westminster Colorado
Oddometer: 8,350
Quote:
Originally Posted by Osprey! View Post
I'm glad they shut down. I went there - I think with Lomax, actually - and the food was not just bad, it was disgusting. The atmosphere was interesting but I would never eat there, ever again. I wonder if they finally took down some of the cash off the walls in order to pay the rent.
Sorry about that. I never thought the food was great but never thought it was bad. All the cash came down years ago when they had the fire.

Please forgive me Mr. Osprey.

Marc
__________________
06 KTM 450EXC, 84 R100RS LE, 89 XL600V, 2012 Stelvio, 2013 V7R, 73 850 Commando, 78 CT90, 14 Ural, 74 Eldorado police, 64 R50/2
http://s22.photobucket.com/albums/b327/lomaxcm/?sc=3
Lomax is offline   Reply With Quote
Reply

Share

Thread Tools Search this Thread
Search this Thread:

.
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


Times are GMT -7.   It's 06:45 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Copyright ADVrider 2011-2014