hostess

America has enjoyed a long-term relationship with Hostess for decades. Is this really the end? Watch as one young pastry lover experiences his first major heartbreak.

You may not notice, but there tends to be a lot of product turnover in the snack food industry. To me, it seems as though every time I get hooked on a product, it disappears from store shelves.

Hostess, which makes such iconic foods as Wonder Bread and Twinkies, has filed for bankruptcy. The company is some $860 million in debt, so clearly some restructuring is in order. What happens now, you ask? Here are some possible scenarios of what may take place:

It has long been said that a Twinkie would survive a nuclear war. But Hostess, the company that makes the treats, is not so immortal. In fact, Hostess is expected to file for bankruptcy this week, citing over $800 million in debt. While there is a good chance Hostess will be able to reorganize or be bought out by another company — ensuring Twinkies, Ding Dongs and Ho Hos will remain in stores — it