Serge Birbrair

A Bank Led, Bank Insurer Bailout?!

The article is brilliant and the analogy with Florida is right on the money.

Ruth's Chris Steak House: Wide Open to a Hostile Bid

I used to be a regular at Ruth Chris. They treat us right, wave corkage fee (we love well aged wine and our cellar is better than theirs). We practically stopped going there. The food has changed and not to the better. Side dishes got somewhat worse and now give me the leery feeling they came from the large wholesale bucket, the meat cuts got somewhat different (the rib eye of today has no resemblance of the rib eye of the yesteryears). We stopped and some other folks stopped too (and I am talking about South Florida where the average age of diner is 70 and retirees are not afraid of economic slow downs) Best of luck with your hopes of the "white knight", I just don't see it, unless the food quality which made Ruth Chris RUTH CHRIS will return.

Friday's Turnaround: Raid on the Shorts

I have to disagree. The story broke up 30 minutes before the closing and the story in the responsible journalism world MUST be reported as soon as it happens. I am sure some shorts are thankful for the story, the shorts who didn't open the position in the last 30 minutes just to see gap up opening on Monday.

If AMBAC declares bankruptcy instead, than I will fully agree with the author.