As Circuit City goes out of business what happens to the retirement funds of their long term employees?

Public Comments

1. What makes you think they have one?
2. Has that been discussed?
3. Well, I guess their long term employees will learn the hard way that they should save and invest for their own retirement rather than depending on a company to give it to them. I never understood why people would depend on a company to keep paying them a pension or anything - if that company fails, they're SOL!
4. They don't have a Union, they have 401k's... not a retirement fund So if they saved it, they own it.