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Smith & Wollensky Accepting Stocks for Steak
By
Jaya Saxena
Published Feb 3, 2010
Modified Feb 3, 2010
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By
Jaya Saxena
Published Feb 3, 2010
Modified Feb 3, 2010
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Steakhouses have been slowly watching the death of the power lunch, and they won't stand for it anymore. First Maloney & Porcelli wanted you to lie about your steak, and now this: Smith & Wollensky will take your stock bonuses in exchange for a meal. In a Times ad (up on S&W's Facebook page), Smith & Wollensky "will swap NYSE and NASDAQ stock certificates (priced at the close of business) for our USDA Prime, dry aged steaks at both lunch and dinner." Grub Street has the lawyer's disclaimer, which says the diner must present "the original stock certificate, plus a separate stock power with a medallion signature guarantee affixed.' The ad says they'll even take GM, which at $.61 will at least buy you a nice whiff of someone else's steak.
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smith & wollensky
steak
stocks
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Jaya Saxena
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