Circuit City to liquidate U.S. stores - U.S. business- msnbc.com

This is similar to the US auto industry. Short term profits at the expense of building long term value. 30,000 folks out of a job in one move.



Circuit City to liquidate U.S. stores - U.S. business- msnbc.com: "Wurtzel has previously said Circuit City didn't take the threat of rival Best Buy Co. seriously enough and, at some points, were too focused on making a profit in the short term instead of building long-term value."