(fortdefiancebrooklyn.com)

Hurricane-Damaged Restaurant Sells “Junk Bonds” To Pay For Rebuilding

In the world of finance, junk bonds are high-yield, high-risk investments. But a restaurant in Brooklyn’s Red Hook neighborhood, which was particularly hard-hit by Hurricane Sandy, is selling “junk bonds” that offer no return on your investment other than a decent meal and a good feeling that you’re helping a local business rebuild. [More]

IKEA Starts Checking Receipts

IKEA Starts Checking Receipts

Party time is over at the Red Hook IKEA where, taking a cue from their big-box brethren Walmart and Home Depot, the Swedish maker of flat-packed furniture has instituted some intense receipt checking procedures.