General Growth Properties, Inc.

Due to the ongoing economic problems across the board, including retail, as well as the credit freeze-up, many big companies are on the verge of bankruptcy. One of those companies is General Growth Properties, Inc. - the second largest mall operator in the United States.

I've had a suspicion that the mall owners of the world will be hurting based upon the seemingly continuous flow of bad news from retailers: Starbucks, Circuit City, and Williams Sonoma, among others.

Source: http://money.cnn.com

By on November 11, 2008 9:57 PM

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