Workers prepare Hostess Twinkies for packaging at the Interstate Bakeries Corporation facility in Illinois. (Credit: Tim Boyle/Getty Images)

Crowdfunding Firm Gets $2M Pledges For Hostess

Although it’s not yet legal for crowdfunding firms to sell equity investments in companies, the Detroit crowdfunding firm reports nearly $2 million in pledges in just two weeks to save Hostess Brands from oblivion.

WWJ Newsradio 950–12/05/2012

(Photo by Scott Olson/Getty Images)

Can CrowdFunding Save Hostess? Detroit Firm To Try

As Hostess Brands, the makers of Twinkie and other snack foods, headed to bankruptcy court last week to begin liquidation plans, a group of southeast Michigan entrepreneurs are proposing

WWJ Newsradio 950–11/25/2012