Circuit City stock below 50 cents, loses credit agency's confidence


Tough times at Circuit City, which you can now buy outright for something like $38 and doing the CEO’s dry cleaning, as a credit agency has just warned manufacturers about shipping merchandise to the store. Seems the credit agency, Bernard Sands, isn’t sure whether or not Circuit City would be able to pay the manufacturers on time.

So… a store, which, by definition, is in the business of selling goods for profit, cannot afford the goods in the first place. The world is ending, my friends.

Image from Flickr