
On the Wall Street of today, cold hard cash is an increasingly rare commodity. With the 2009 bonus season ushering in a new era of stock-only bonuses, bankers are struggling to maintain their cash intensive lifestyle. Smith & Wollensky is ahead of the curve in this regard, and will now be accepting NYSE and NASDAQ stock certificates as payments. This full page New York Times ad ran on February 2nd, 2010, and attracted quite a bit of press. Coverage has included CNN, Money Magazine, Dealbreaker.com, Eater.com, New York Times, Ad Age, and Wall Street Journal to name a few. CNBC’s “Power Lunch” did a little math and figured out that 2 Goldman Sachs shares will buy 4 filet mignons, 2 Citi shares: 1/2 order of creamed spinach. Of course, you can do this math yourself on our handy converter at www.steakforstock.com.

