02/18/2011 11:53 am ET Updated May 25, 2011

Borders Bankruptcy Will Have A Greater Impact Than Predicted

Borders is bankrupt, and you shouldn't gloat about it, even if you hate chain bookstores. In fact, if you are a writer, an editor or a reader, you should be downright furious. I am, and I never shopped there. But even if you only buy books at the smallest, cutest bookstore in the West Village, you're going to feel the tremors of Borders' demise. We all are.