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July 30, 2009
Newsletter




ROBBING PETER TO PAY PAUL, WHILE FEEDING BOTH

Allen Stanford might be the only person in the world who's grateful Bernie Madoff came along. Otherwise, Stanford, the swashbuckling Texas billionaire accused of cheating investment clients out of $7 billion, would now be known as the biggest swindler in history, instead of just the 2nd biggest after Madoff. Federal investigators think some of that missing money underwrote The Pavilion, Stanford’s fine-dining restaurant located in the Caribbean island nation of Antigua. Can this restaurant survive when the boss is facing a 250-year sentence?
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business.comcast.com








AN ANTIDOTE TO RECIDIVISM: FELONY FRANKS

Here's what is depressing about the opening of Felony Franks, a Chicago hot dog restaurant that aims to rehabilitate former convicts by giving them steady jobs. Six hundred felons applied for the operation's $8 per hour jobs; 12 were hired. That leaves 588 ex-offenders wandering the Windy City with one more piece of bad news to digest about their post-prison life. But it's so far so good at the restaurant, which opened on July 13 in a city where the 1,800-unit strong hot dog stand segment has a decidedly larger unit.
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www.murgent.com






CITRIN'S NEW FRENCH TWIST ON MAIN STREET

Josiah Citrin's latest creation, Caché, serves up market-based menus of contemporary American favorites in a casual setting. Citrin is executive chef; he brought aboard Nyesha Arrington—veteran of his two other spots, Lemon Moon and Mélisse—as chef de cuisine.
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popquiz.restaurant-hospitality.com








GAME TO GROW? NOW'S THE TIME

Finding ways to expand your restaurant concept is always a challenge, perhaps more so in today's economic climate. But because those same market conditions present unique circumstances, now may be the perfect time to branch out. How can you do it?
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Even in this recession, other restaurants are growing. Why aren't you? Educate yourself. Make connections. The 2009 Concepts of Tomorrow Conference REGISTER TODAY! www.cotconference.com







www.restaurant-hospitality.com/social




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