Twinkies as it turns out do have a natural enemy. That enemy is striking workers at the Hostess Bakery. Or perhaps the enemy is the management of Hostess. Regardless a labor dispute has threatened to put the entire company into bankruptcy.
Hostess, which makes such iconic foods as Wonder Bread and Twinkies, has filed for bankruptcy. The company is some $860 million in debt, so clearly some restructuring is in order. What happens now, you ask? Here are some possible scenarios of what may take place: