Casual Dining Continue to Take a Beating $IRG

Ignite Restaurant Group (see profile below) - owner of the Joe's Crab Shack and Brick House Tavern + Tap - is the latest victim of the trends befalling the casual dining segment. That said, this story is a bit more complex than that and the bankruptcy seems to be the result of a perfect storm of poor acquisitions, poor execution and hubris. Oh, and priv…