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Circuit City Gets A Loan, Lives To Fight Another Day

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Circuit City has secured a loan from Bank of America that will pay for its operating expenses until it emerges from bankruptcy next year, says Bloomberg. This financing gives CC a new lease on life -- Yes, we may yet see the bankrupt retailer rise from the ashes to continue its proud tradition of ignoring customers who are standing at the register.

[Bloomberg]
(Photo: tagurity )

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