Bankruptcy makes gift cards worthless

I never liked Sharper Image, but think this will probably catch on with other companies. But up until January the economy was doing so well, and the great man said, us little people just "don't get it". Yesterday they said retail sales were the worst since right after 9/11.

NEW YORK - You know that Sharper Image gift card you got for Christmas? Right now, it's worthless. And other gift cards in your wallet could lose their value, too.

As more retailers file for bankruptcy or go out of business, more than $75 million in gift cards are at risk of becoming worthless pieces of plastic this year.


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