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Recession's coming home for real, people.


Circuit City's collapse has nothing to do with the recession, other than the precise timing. Without the recession they might have lasted a few more months. Failure was inevitable once they made a policy of firing the best performing store employees in 2007.

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But what I meant was who will profit within CIrcuit City? Do you think that the CEO will secretly reroute some of the company's budget to his private bank account?


The CEO of Circuit City is out of the picture at the this point.

The stores and inventory are owned by the liquidators now, who are more interested in turning a profit than giving consumers a good deal. Indeed I think all store employees report to the liquidator and will get any remaining paychecks from the liquidator, not Circuit City.
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"If they can't picture me with a knife, forcing them to strip in an alley, I don't want any part of it. It's humiliating." - windsock