VIDEO: Can JCP Go Bankrupt?

03/07/13 01:23PM EST

Hedgeye Retail Sector Head Brian McGough appeared on CNBC this afternoon to discuss JCPenney's (JCP) current financial woes and whether or not the company should fire current CEO Ron Johnson. McGough argues that firing Johnson will put the company on the fast track to Chapter 11 bankruptcy.

Go to 6:48 into the video to watch Brian’s interview.

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