Hostess, Maker of Twinkies and Wonder Bread, Declares Bankruptcy -- Again

The One and Only Hostess Twinkies

Twinkies are the kind of American food only Americans could cherish. These golden, "cream" filled cakes, shaped like fat fingers, are a guilty pleasure, highly fattening, and filled with artificial ingredients. Only a sourpuss doesn't enjoy them, or complains about their "unhealthy" aspects.

Hostess, the firm that manufactures Twinkies, Wonder Bread, Ding Dongs, and other absurd items that barely qualify as food recently declared bankruptcy for the second time. According to the story about the filing in the Washington Post, Hostess' action will not stop production of these edible cult items. The idea is that this latest fling at financial reorganization will provide management with the opportunity to "restructure" employee pension and medical benefits, among other actions.