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The Decline and Fall of Ramsay

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2009_08_ramsaybroke.jpgThe WSJ runs a piece focusing on the troubled Gordo Ramsay empire, noting his restaurants in NYC, Paris, LA, and Prague have been hemorrhaging cash leading to a 15% staff cut. Though he sold back the other three restaurants to hotels, here in New York, Ramsay halted lunch service, removed flowers, and added a $65 prix fixe to almost break even. [WSJ; previously]