Red Lobster files for Chapter 11 bankruptcy - The Great Awakening - Where We Go Qne, We Go All!

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Red Lobster files for Chapter 11 bankruptcy (www.cnbc.com)

posted 188 days ago by DarQ2light 188 days ago by DarQ2light +48 / -0

Red Lobster files for Chapter 11 bankruptcy protection

A disastrous "endless shrimp" promotion and a lease-back agreement orchestrated by Red Lobster's previous private equity owners contributed to its demise.

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– Pbman2 9 points 188 days ago +9 / -0

It's not the shimp.

That's just the usual lies. It was predatory management and hedge funds, pulling fast ones on the shareholders, like they did with a long list of others,

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▲ 1 ▼

– RedTX 1 point 188 days ago +1 / -0

Cellar boxing, yeah? Must have had some BCG faggots onboard to accelerate their own demise. Sad.

Fuck the SHF parasites.

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▲ 3 ▼

– Goldfoil 3 points 188 days ago +3 / -0

What do the terms cellar boxing, BCG, and SHF mean?

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– Pbman2 3 points 187 days ago +3 / -0

Celler boxing is shorting the stock and pushing the company to bankruptcy. Then they never have to pay taxes,cause they never close the position with a buy.

BCG is Boston consulting group. Companies being shorted hire them to make really bad management decisions for them.

SHF Is short hedge fund.

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