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Oh yeah, nothing like Chef Ramsay shutting down an actual

Posted on 6/17/10 at 8:20 pm
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58135 posts
Posted on 6/17/10 at 8:20 pm
restaurant in the middle of service.
Posted by liz18lsu
Member since Feb 2009
18042 posts
Posted on 6/17/10 at 8:20 pm to
TV board....

j/k
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58135 posts
Posted on 6/17/10 at 8:23 pm to
I Like it when he visits the freezers and finds everything full of mold.
Posted by HebertFest08
The Coast
Member since Aug 2008
6533 posts
Posted on 6/17/10 at 9:34 pm to
yeh, i get the bbc and they play this all the time.....
Posted by Caplewood
Atlanta
Member since Jun 2010
39465 posts
Posted on 6/17/10 at 9:36 pm to
kitchen nightmares ftw
Posted by TigerMyth36
River Ridge
Member since Nov 2005
41506 posts
Posted on 6/17/10 at 9:59 pm to
The worst was one of the BBC episode of Kitchen Nightmares. The freezer was just disgusting. It is amazing the restaurant didn't kill someone. Hell, maybe they did.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58135 posts
Posted on 6/17/10 at 10:02 pm to
UK stuff is much better.
Posted by Lexo
LaPlace
Member since May 2008
3436 posts
Posted on 6/18/10 at 7:31 am to
I loved it when he found out a lobster place in NY was advertising Maine lobsters and getting there lobsters from Canada. He told him that you can't do that, the owner tells him they are Homarus Americanus, so, it's okay.

Posted by OC Tiger
Charlotte, NC
Member since Feb 2007
1544 posts
Posted on 6/18/10 at 12:35 pm to
One of my favorite shows! Not much on Hell's Kitchen, though...he's an arse, but it's a little over the top on that show.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
41506 posts
Posted on 6/18/10 at 1:45 pm to
quote:

One of my favorite shows! Not much on Hell's Kitchen, though...he's an arse, but it's a little over the top on that show.



That is all acting. He wasn't like that at all in the original BBC show. He was much more of a teacher in that show. He built the contestants up instead of breaking them down.
Posted by Martini
Near Athens
Member since Mar 2005
49661 posts
Posted on 6/18/10 at 3:01 pm to
He's also been accused of bringing pre prepared foods into his restaurant and reheating them as well and he is in severe financial trouble.

I just don't care for the guy.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
41506 posts
Posted on 6/18/10 at 4:01 pm to
quote:

he is in severe financial trouble.


He has way too much on his plate. He has too many restaurants and he spends way too much time on tv to maintain top standards.

If you watch his other shows he really seems to be a decent enough guy. He is a jackass on Hell's Kitchen because that is the role they want him to play.
This post was edited on 6/18/10 at 4:03 pm
Posted by BigAlBR
Member since Jun 2008
5099 posts
Posted on 6/18/10 at 4:15 pm to
quote:

his corporation is in severe financial trouble.


Posted by Martini
Near Athens
Member since Mar 2005
49661 posts
Posted on 6/19/10 at 5:59 am to
HE owns the corporation. I own corporations. If one is in financial trouble I am in financial trouble.
Posted by Ole Geauxt
KnowLa.
Member since Dec 2007
50880 posts
Posted on 6/19/10 at 7:33 am to
quote:

I own corporations. If one is in financial trouble I am in financial trouble.
and financial trouble is not an option, Capeesh !!
Posted by BigAlBR
Member since Jun 2008
5099 posts
Posted on 6/19/10 at 8:10 am to
quote:

HE owns the corporation. I own corporations. If one is in financial trouble I am in financial trouble.


Nah--He has 60 million in his own bank account. He is totally insulated. He isn't the sole owner of his restaurant empire. He's a Teflon Don.

Posted by Martini
Near Athens
Member since Mar 2005
49661 posts
Posted on 6/19/10 at 9:48 am to
All of Ramsay's business interests (restaurants, media, consultancy) are held in the company Gordon Ramsay Holdings Limited. Run in partnership with his father-in-law Chris Hutcheson, Ramsay owns a 69% stake valued at £67m.[25]

As of June 2009, Gordon Ramsay Holdings is reported to be in severe financial difficulty after a financial audit by accounting firm KPMG.[29]


The Reason He Is Still Doing The Shows


And although he may have a purported personal net worth in the millions any smart attorney can figure a way to pierce the corporate veil and get at the personal assets.
This post was edited on 6/19/10 at 9:55 am
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30323 posts
Posted on 6/19/10 at 10:47 am to
quote:

I own corporations. If one is in financial trouble I am in financial trouble.


Not if you are set up properly. By properly I am not implying you have done anything wrong, but there is long term planning that can be done to prevent this.
Posted by Martini
Near Athens
Member since Mar 2005
49661 posts
Posted on 6/19/10 at 11:09 am to
You've missed the point. My point is if my company fails I have no income. Regardless of wrongdoing, market factors, sun moon alignment.

Maybe I have enough put away to last, maybe I don't. Most people don't. Many rich and successful businessmen, celebrity's, politicians, doctors go broke everyday some on their own accord some due to above-mentioned factors. Most long term planning is in direct relation to the success of the enterprise.

In the case of Ramsay from what I've read and heard he is only continuing to do the show for the income because he needs it. Not because he wants to. He took and is taking a hit, like millions of others, due to an unbridled enthusiasm of the economy never failing. And of course we all know it did. Simply put he was and is spread too thin. It happens.

And there is no such thing as teflon when money is at stake and lawyers are available. BP has tons of money. Not for long. Spencer Callahan is on the case.
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30323 posts
Posted on 6/19/10 at 11:15 am to
quote:

You've missed the point.


I did not miss the point. I understand completely. And I think we are in basic agreement.

quote:

if my company fails I have no income


I understand this is the way most business owners live. Sometimes they have no choice. Sometimes they don't plan properly.

I have developer clients who were making money hand over fist and I warned them to do asset protection planning. They did not. Kept pouring it back into the biz and/or spending like it would last forever.

Some biz owners don't make enough to create off balance sheet wealth and then protect it.

quote:

like millions of others, due to an unbridled enthusiasm of the economy never failing.


Yep. Well said. That's what I was saying about some of my clients.

quote:

Most long term planning is in direct relation to the success of the enterprise.


Yes. We are on the same page. Like I said, sometimes the profit is not enough to create out of business wealth.
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