General Growth files largest U.S. real estate bankruptcy (Reuters)

By admin, 17-04-2009

A shopper walks past a store at a mall in Glendale, California. US retail sales dropped a surprise 1.1 percent in March after two months of gains, amid rising unemployment and worries about job security, seasonally adjusted government data showed Tuesday.(AFP/File/Jewel Samad)Reuters - General Growth Properties Inc, the second-largest U.S. mall owner, declared bankruptcy on Thursday in the biggest real estate failure in U.S. history.



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16 Responses to “General Growth files largest U.S. real estate bankruptcy (Reuters)”

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