Yes, it’s really gotten that bad. The NYSE’s downgraded the hell out of CC and their credit lines are diminishing. Sony’s completely pulled the plug because they don’t think that Circuit City’s going to be able to repay their current credit line.
Deliveries to nationwide Circuit City distribution centers were stopped in transit and ordered to return to Sony “among worries that Circuit City couldn’t pay for the shipments.”
Now that’s very unfortunate. Black Friday’s coming a little early this year at your local CC.