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Check Out Line: Credit crisis creep

Started by calm_girl, November 12, 2008, 06:02:05 PM

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calm_girl

Check Out Line: Credit crisis creep
      


Check out the latest ripple from the Lehman bankruptcy.
 
It’s part of the Best Buy earnings warning.
 
Okay, the headline is “seismic changes in consumer behavior” that hammered sales, as CEO Brad Anderson put it.
 
But further down the company also says it has taken a new $150 million credit facility to provide additional flexibility to address both [...]
         

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