Private Equity to Blame for Hostess Inc. Failure Tue Nov 20, 2012 10:29pm 2 146 views Hostess seems to be one of those stories where the unions may not be to blame. Meanwhile its the average Joe Twinkie that seems to get the short end of the stick. Full article Tweet 2 Responses to “Private Equity to Blame for Hostess Inc. Failure” ultramarine November 20, 2012 at 11:07 pm Let’s see: Matt Taibbi of Rolling Stone making the accusations, on Ed Schultz’s show on MSNBC. Please. How about an article that is a little more objective? CRONKITE November 20, 2012 at 11:40 pm objectivity is in the eye of the writer after FCC rules were changed to be able to report opinion as fact…. despite your feelings this may be a plausible explanation for the companies woes…. Comments are closed.