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  • 8:50 am: Circuit City files for bankruptcy protection (Tribune Chronicle)
    NEW YORK (AP) -- Circuit City Stores, the nation's second-biggest electronics retailer, filed for bankruptcy protection Monday but will stay open for business as the holidays approach. It filed under Chapter 11 of the bankruptcy code, which will allow it to hold off creditors and continue operations while it develops a financial reorganization plan. The Richmond, Va.
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    Incentives can carry hidden sting for home buyers Vancouver Sun,  Canada - 6 hours ago In that case, a lender will deduct the value of the incentive from the size of the mortgage a buyer was trying to arrange, he said. Mortgage lenders usually ...
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