"Resorts Gambles on Future"

Miami Herald, Business Section, Page 1F
Miami, Florida
Published February 16, 1986


More than once, James M. Crosby has stacked his chips on the table and lost. There was the Mexican shrimp farm that lost $1 million in 1973-74; Biff-Burger, the portable fast-food restaurant chain that bombed in 1976; the Marine World/Africa USA theme park in California, sold in 1979 at a $1 million loss.

Crosby is a long-shot bettor, the sort who's willing to lose millions for a chance at making billions. If he hadn't been, he might never have transformed.......

The above text is a small portion of the full article avialable at www.miamiherald.com, Complete article of 1875 words.


Note: This article is of particular significance since it documents that the National Biff-Burger System went defunct in 1976.

Copyright © 1986  The Miami Herald.  All rights reserved.

 

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