Jake Berzon

Circuit City: Closing Time

Circuit City is one of the many specialty retailers (and others) whose survival depended on irrational exuberance. There was really no need in them to begin with. During prolonged recessions, like the one we are in now, they should (and must be allowed to) go out of business.

Hope the Government stops bailing out everyone who asks, lest we will catch the "Japanese disease" and stagnate for decades.