Yup, people have already begun hoarding Twinkies

Hostess Brands, which makes Twinkies and Wonder Bread, is going to U.S. Bankruptcy Court this morning to ask permission to end business. Hostess is seeking a shutdown of the money-losing business after members of the Bakers Union started striking this week... If it gains court approval, Hostess would start liquidating during the last week in November, the sources said.  The company has had money trouble for years and when it couldn't come to term with its union, it decided to begin closing up shop.

Well products like Twinkies and Wonder Bread are iconic products in America.  So it shouldn't come as a surprise that there are now Twinkies for sale on eBay—someone just bought "5 Boxes of 10 Individually Packaged Sponge Cakes" for $74.17 (a 10-pack is usually around $3.29). There is a run on the Hostess products and likely retailers will be out soon.  Some of the buying is by desperate fans but much is by opportunists looking to make a buck. 

Don't you love capitalism.

There is hope though. Pabst Brewing Co.'s owner might make a bid for Hostess' brands. The firm has purchased other brands in financial peril before, like Chef Boyardee and Bumble Bee Tuna. There is no question that the brand is a valuable asset.