leaving curb negotiations on how and where to raise taxes. a federal bankruptcy judge paved the way for hostess maker of ding dong and ho hoes to dole out bonus to the top executives. judge robert drain made the point that these executives did not run the company into bankruptcy but should be rewarded if they do a good job winding down the business they went into bankruptcy after cutting into pension plans and the bakers union refused to take a pay cut. we ll be watching whomever ultimately biez the hostess brand. cambridge university is studying the potential dangers of climate change, biotechnology and artificial intelligence. researchers insist they re not claiming robots will turn on humanity but expect intelligence to transcend biology and if intelligent machines wish people no ill, their interests may
welcome back to the ed show. thanks for watching tonight. now, it s not the powerball jackpot, but these folks it s probably pretty close. hostess brands won big in bankruptcy court today. bottom line, the twinkie will survive. the executives will get their bonuses, but the workers, they re out of luck. federal bankruptcy judge has approved hostess plan to go out of business and fire more than 18,000 employees. at the same time, hostess won an approval to pay $1.8 million in bonuses to its 19 executives. by the way, those bonuses don t include the ceo s regular salary which is currently $125,000 a month. hostess has touched off a wave of nostalgia when it announced it was going out of business last month. people started worrying about the future of the twinkie. many blamed the workers. you know, something like a union can take them down, and we re losing, you know, an icon company. so, you know, it s a pretty big deal.
welcome back to the ed show. thanks for watching tonight. now, it s not the powerball jackpot, but these folks it s probably pretty close. hostess brands won big in bankruptcy court today. bottom line, the twinkie will survive. the executives will get their bonuses, but the workers, they re out of luck. federal bankruptcy judge has approved hostess plan to go out of business and fire more than 18,000 employees. at the same time, hostess won an approval to pay $1.8 million in bonuses to its 19 executives. by the way, those bonuses don t include the ceo s regular salary which is currently $125,000 a month. hostess has touched off a wave of nostalgia when it announced it was going out of business last month. people started worrying about the future of the twinkie. many blamed the workers. you know, something like a union can take them down, and we re losing, you know, an icon company. so, you know, it s a pretty big
welcome back to the ed show. thanks for watching tonight. now, it s not the powerball jackpot, but these folks it s probably pretty close. hostess brands won big in bankruptcy court today. bottom line, the twinkie will survive. the executives will get their bonuses, but the workers, they re out of luck. federal bankruptcy judge has approved hostess plan to go out of business and fire more than 18,000 employees. at the same time, hostess won an approval to pay $1.8 million in bonuses to its 19 executives. by the way, those bonuses don t include the ceo s regular salary which is currently $125,000 a month. hostess has touched off a wave of nostalgia when it announced it was going out of business last month. people started worrying about the future of the twinkie. many blamed the workers. you know, something like a
because you are on this to watch this when no one was watching this. thank you, scott, very were. and san bernardino the third california city to file for bankruptcy in less than a month. the officials are say they cannot make august 15 payroll and in word, so far, on the city voiding union contracts but you know how this goes. will that be the case? judge napolitano: here we go again. a federal judge, a federal bankruptcy judge will probably void the union contracts, although the constitution says . neil: you have to present your filing, right to a judge? guest: yes. neil: what do you look for? guest: these are federal judges, federal bankruptcy judges, they do just bankruptcy work. there are no juries. you can get a jury for discreet issues that do not apply. they look at the obligations. and the assets. and they do what is fair but they have extraordinary