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Make Me Smart
Private equity, endless shrimp and Red Lobster’s decline
May 22, 2024
Delving into Red Lobster's bankruptcy beyond endless shrimp, battling misinformation in media, WNBA players breaking stereotypes with designer fashion, and UK Prime Minister's mishap during a public address.
16:17
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Quick takeaways
- Red Lobster's decline attributed to ownership changes and debt, not just endless shrimp promotions.
- Importance of combatting misinformation in media for informed voting and accurate narratives.
Deep dives
Red Lobster's Struggles
Red Lobster faced financial challenges not solely due to the endless shrimp promotion but also from changes in ownership leading to debt burdens and the selling of real estate assets.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode