A letter from Danny Meyer and Randy Garutti On March 27, when both branches of Congress and the White House came to an agreement to provide sweeping financial assistance via the $2.2 trillion CARES Act, many of us in the restaurant industry cheered with a big sigh of relief.
I disagree. They claimed ignorance, but in my opinion, it’s only because they got caught with their hands in the cookie jar. A business that owns 189 restaurants has no necessity taking a 10m loan meant for small businesses. My two cents.