Hot Dog Cart Wins Top Honor In New England
Michael Soetbeer, former personnel director fired at age 43, runs Chez Lenard on Ridgefield Main Street. Six years after starting, his cart earned Yankee magazine's Best Hot Dog Stand in New England. He offers Le Hot Dog and variants from $1.25 to $2.50 and pays $5,000 for the business, turning away the corporate treadmill for local fame.
MENTIONED IN THIS ARTICLE
Ridgefield, Conn
Michael Soetbeer
New York Daily
Main Street
Ridgefield
Connecticut
Soetbeer
New England
Yankee Magazine
Fairfield County
Loetbeer
Cafe de Ridgefield
le Hot Dog Garniture Suisse
New York
White Plains
N.Y
Singapore
Texas
Parent Teachers Association
Market declines prompt a new look back at 1929
New York AP reports on comparisons between the recent stock drop and the 1929 Crash. Economists warn similarities exist but note major differences in investor behavior, with margins tighter today and Treasury securities favored for safety. Program trading could both threaten and support markets depending on economic conditions.
MENTIONED IN THIS ARTICLE
New York
Paul Boltz
T. Rowe Price Associates Inc
Dow
U.S. Treasury
Wall Street
John Connolly
Dean Witter Reynolds Inc
Treasury
Connolly
Marriage penalty deleted from tax bill reshapes family tax
Washington AP reports the latest tax reform bill drops the two earner deduction, risking higher costs for many working couples. Peat, Marwick figures show even dual earners with similar incomes face sizable penalties, with examples from couples earning 25k each and 50k each.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Associated Press
Peat, Marwick, Mitchell & Co
American Business Women meet. speaker on stress at Charlie's
The American Business Women's Association Charter Chapter meets at 6:30 p.m. at Charlie's on the River. Rachael Haley from Mercy Hospital discusses stress. Upcoming reports include the August CPI real earnings and durable goods orders, mid-September auto sales, and the nation money supply for the week ended Sept. 15.
MENTIONED IN THIS ARTICLE
American Business Women’s Association
Charlie’s
Rachael Haley
Mercy Hospital Wellness Department
Savings rate mystery may hinge on numbers not facts
New analysis by Morgan Guaranty Trust argues the Commerce Department mismeasures personal savings. It notes durable goods spending inflates annual consumption while ignoring depreciation, and that government employee pension and life insurance reserves are counted as government savings, not household.
MENTIONED IN THIS ARTICLE
New York
America
Morgan Guaranty Trust
Commerce Department
Morgan
Morgan Economic Quarterly
Also Mentioned on This Page
Michael Loetbeer
Telerate Systems Inc
Telerate
Finance Company
Bankers Acceptances
Treasury Bill
Nova University
Carla Knutson
siUe Dale
Millhiser Smith Agency
Life E Business
Health
Oakland Road
Rinderknecht