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The Ed Show
Fat bonuses approved for Hostess execs
A bankruptcy judge ruled in favor of Hostess Brands and approved almost $2 million in bonuses for 19 executives while the company liquidates. More than 100 investors are already expressing interest in the Twinkie name brand. But what about the failed company's 18,000 employees? Ed Schultz explains how the rich get richer after bankrupting a company, and the employees pay the price, and talks to Rep. Jim McDermott, D-Wash., about whether the unions are to blame.