0

Smith and Wollensky, a well-knkown east coast steakhouse chain, took out a full-page ad in the New York Times, offering to take stock certificates in exchange for meals. As part of a compromise with the federal government over bonuses, many Wall Street employees had to take their yearly bonuses in the form of stocks instead of cash. As featured on Reuters:

In the tongue-in-cheek ad, the chain expressed concerns about the trickle-down effects of bankers receiving shares rather than cash. Among those purportedly affected are personal shoppers and pet psychiatrists. The ad also noted that “massive amounts of steak and lobster” could remain uneaten.

The catch? You must bring in original stock certificates to exchange for meals. See the full story at http://www.reuters.com/article/idUSN0314320320100203?feedType=RSS&feedName=domesticNews

Leave a Reply