"Union bosses" and "Wall Street vultures" blamed for Hostess' demise

Never mind. Found the info I was looking for. It seems that just before the company was about to file for bankruptcy for the second time all the management positions were given massive wage increases.

Salary Increases at Hostess as of July 2012.

Brian Driscoll, CEO, around $750,000 to $2,550,000.
Gary Wandschneider, EVP, $500,000 to $900,000.
John Stewart, EVP, $400,000 to $700,000.
David Loeser, EVP, $375,000 to $656,256.
Kent Magill, EVP, $375,000 to $656,256.
Richard Seban, EVP, $375,000 to $656,256.
John Akeson, SVP, $300,000 to $480,000.
Steven Birgfeld, SVP, $240,000 to $360,000.
Martha Ross, SVP, $240,000 to $360,000.
Rob Kissick, SVP, $182,000 to $273,008.

Source: http://www.news.theusalinks.com/2012/11/17/union-bosses-and-wall-street-vultures-blamed-for-hostess-demise/