Contract feeders, restaurants face pressure as financial firms fizzle out

Contract feeders, restaurants face pressure as financial firms fizzle out

NEW YORK —Foodservice operators in this city are bracing for the fallout from the solvency crisis roiling many of Wall Street’s biggest financial institutions.

From the business-and-industry contract feeders that service Wall Street firms to the restaurants that cater their parties and count on big bonuses and commissions to boost sales, operators here know they will be burned by the financial-services meltdown. They just

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