From the WSJ: National restaurant chains Bennigan’s and Steak & Ale have closed their doors and filed for Chapter 7 bankruptcy protection, shuttering more than 300 locations and letting go of thousands of employees. It is one of the country’s largest restaurant bankruptcies and eliminates two sit-down chains that have been part of the casual-dining [...]
A reader writes, in response to my column of a couple weeks back about the pre-Fannie-Freddie-bailout housing bill: All this mumbo jumbo coming out of D.C. and the financial community is so much smoke screen. Don’t fall for it. Question EVERY single thing they say. Force them back to the basics. For example, you reported [...]
