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Huh. Looks like I'm still learning this. As a quick aside, how would you rate Business Insider as a news source? I find them to be pretty easy to digest, which I understand can be a double edge sword.

Hostess is probably a pretty weird case, they're like a cross between AWG in the sense that they started out as a bunch of regional businesses from around the country working together and Kraft in the sense that it was a bunch of brands held under one umbrella. The more I try to learn about this stuff, the more I discover that there are so many different ways a business can be organized. Someone oughta start a taxonomy or something.

If Takata really is too big to fail, I think whoever ends up taking care of them will do so begrudgingly. I might be wrong, but I think that Honda was one of their biggest customers and I could have sworn I read a press release that basically said Honda was gonna start getting their air bags elsewhere. That's a pretty big kick to the stomach when you're already down.