Description:    Hostess Brands, known for sweet treats like Twinkies and Ding Dongs, is back in Chapter 11.

Source: NYTimes.com

Date: 01/11/2012

Link:  http://dealbook.nytimes.com/2012/01/11/hostess-files-for-bankruptcy/?ref=business

Questions for discussion:

• Why do you think the firm is in financial difficulty again?
• What is the financial condition of the firm?
• What would you advise management do today?