The Washington Post has details on how General Growth is trying to avoid bankruptcy. The paper notes that if the company fails -- and it seems almost impossible that it won't -- it "would be among the largest real estate downfalls in U.S. history."
The developer has malls in almost every state and has been in business for half a century.
The first article that broke this story was from the Chicago Tribune, in which I was quoted.
ReplyDeletehttp://www.chicagotribune.com/business/columnists/chi-fri-burns-general-growth-mar20,0,5951581.column
That's http://www.chicagotribune.com/business/columnists/chi-fri-burns-general-growth-mar20,0,5951581.column!
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