Tag Archives: bankrupt

Circuit City Gets a Bailout

Posted on November 11, 2008 by Sung
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0savesSave 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 … Continue reading →

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Circuit City Closes 155 Stores

Posted on November 3, 2008 by Sung
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0savesSave 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 … Continue reading →

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Iceland is Bankrupt, Hungry

Posted on October 16, 2008 by Sung
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0savesSave A couple of days ago, it was speculated that Iceland is pretty much bankrupt. Now it is being reported that Iceland has 3-4 weeks of food supply. The importers are afraid to deal with the country since Iceland’s currency, … Continue reading →

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