When did I become a Circuit City blog? After Circuit City filed for Chapter 11 bankruptcy, Bank of America swooped in to give them a loan that will likely keep CC going through the holiday season. The loan, worth $1.1 billion, will bring the debt total to over $2.3 billion. CC owes HP $119 million and Samsung $116 million.

It is amazing how well Circuit City ran themselves into the ground. I have no education or experience in business or begin to understand the inner workings of a multi-million dollar retail chain, but I’m pretty confident that I could have kept their stock value to plunge further than $2 a share.

Despite closing 155 stores, Circuit City was not able to avoid filing bankruptcy. This doesn’t come as a shock to anyone. They have lost $5 billion in stock market value over the past two years. Best Buy is apparently interested in buying some of the closed stores to open more Best Buys.

Circuit City, who was valued at one point in 2006 for $25 a share, was offered to be bought by Best Buy for around $12 a share back in January. They refused and right now is facing bankruptcy at 25 cents per share.

Today, they have announced that they will close 155 of their locations, laying off 17% of their workforce. Here is the list of locations that are closing. This is sad news for me since I worked at one in the past and I was falling in love with a location close to me.

The good news is that you can probably get awesome deals if you go there now. Like CompUSA when they were closing. I got a $2,000+ TV there for around $900 on the last day there.

ESPN covers a real life fight club that takes place in the heart of Silicon Valley. This fight club predates the movie Fight Club.

Daigoro the Standing Alligator is an alligator that stands everytime water is poured on him.

Not very proud of being an American right now.

OK Magazine reports that Barack Obama and Brad Pitt are ninth cousins. In fact, Hilary Clinton and Angelina Jolie are also ninth cousins. Clinton is also related to Madonna, Celine Dion and Alanis Morrissette. Other people Obama is related are George W. Bush, Winston Churchill, Robert E. Lee, and Dick Cheney.