I can’t remember the last time I was in a TGI Fridays (although, whenever it was, I’m assuming it was in an airport or next to a hotel) and it would seem that plenty of other people haven’t either.
That’s got the restaurant chain nervous, and not for the reason you’d think. They’re concerned because there are believed to be $50 million worth of unused TGI Fridays gift cards out there and if they were to all be used, it could sink the entire company.
Pour out a domestic light beer for potato skins and mozzarella sticks…
According to Forbes, TGI Fridays filed for bankruptcy last week and in those filings they revealed that there are $49.7 million worth of non-expiring gift cards — some of which date all the way back to 2003 — out there. If they were going to be used, it’d be a very expensive problem for the ailing chain.
Sure, other restaurants have filed for bankruptcy lately so they can get through this. Red Lobster just did it, although they got a boost from the magical positivity of Flavor Flav. […]
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
