Yup, for anyone who doesn't know what CC is in the NYSE it's Circuit City. Ccity's stock is now $.38 a share. They are actually going to start closing down Ccity's nation wide. A total of 150 stores have been scheduled to close right around christmas. Ccity actually has an internal forum which only employees can venture, and with the forum I can see that a some odd 2000 employees have already been laid off.
Circuit City Weighs Broad Cuts - WSJ.com
I have been employed by one other company that went under and i enjoyed my severence check...
just some interesting news that i came across...