Circuit City might yet surpass Best Buy on Black Friday good deal for another year . Bank of America has present Circuit City a $ 1.1 billion loan that ’ll help cover its operating expenses until it ’s expected tocome out of bankruptcy next year , give it a 2d chance . Still , I do n’t see how even a billion dollar sign will insure all the money they owe mass like Samsung and HP . I mean , I ’d be busting some kneecaps if I were them . Circuit City is over $ 2.3 billion in debt . It owe $ 119 million to HP and over $ 116 million to Samsung — it ’s not a stretch to suppose they owe double finger’s breadth zillion to Sony and LG too . Still , will Circuit City use this 2nd chance to make amends like near - destruction experience survivor normally do , or will it simply regress into another black hollow suckage , so we ’ll get to do this dance all over again next year ? I hope they pull it out , in person — their new releases are always at least a sawhorse or two cheaper than Best Buy , and I can support being ignored for five minutes to keep a dollar . [ BloombergviaConsumerist ]
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