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General Growth Properties

General Growth Properties Files Record Real Estate Bankruptcy

AP | Posted 05.25.2011 | Business

General Growth Properties, the nation's second-largest US shopping mall owner, has filed what is the largest real estate bankruptcy in US history, Blo...

Citigroup as the "Grim Reaper"

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

In an earlier post, I ended by paraphrasing Lenin, "Wall Street will sell us the rope to hang American Capitalism." Well, in Citigroup we have created the perfect "Grim Reaper."

Water Tower Place Wins Loan Extensions, Loses Investors

Medill News Service | Inyoung Hwang | Posted 05.25.2011 | Chicago

General Growth Properties Inc., the second-largest U.S. mall owner, received two loan extensions this week. But confidence in the company continued to...

Water Tower Place In Financial Straits

CBS 2 | Posted 05.25.2011 | Chicago

One of the crown jewels of the Magnificent Mile retail district is in serious financial trouble. The owner of the Water Tower Place might have to fil...