What happened to the Red Lobster of the ’80s and ‘90s? Like so many beloved brands, it got caught in the net of private equity before being reeled in and gutted.

Yep. Didn’t have a fucking thing to do with all-you-can-eat shrimp. That’s a PR plant to take the focus off private equity. Know how I know this? Because all the news stories on various sites read exactly the same. That’s a clear sign. And because I used to write press releases for the US Army all the time and it was always funny to see some lazy journalist use my press release verbatim in “their” story — so I am accustomed to looking for such things.

The signs are obvious if you can read them (guess that’s always true of signs though).