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Ned Serious

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Followers 15
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Alias Born 12/31/2008

Ned Serious

Re: None

Friday, 04/03/2009 1:28:37 PM

Friday, April 03, 2009 1:28:37 PM

Post# of 137480
GGP: GGP Reportedly Rushes Payday

Retail real estate investment trust General Growth Properties opted to pay its employees ahead of schedule, according to a well-placed banker, stirring up speculation that GGP may be acting in anticipation of a bankruptcy filing. The news combined with GGP's failed bondholder consent solicitation is sending a clear signal that a bankruptcy is possible, added a trader.

The REIT itself is neither confirming or denying ...

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link: http://iirealestate.com/ArticleLogin.aspx?ArticleID=2174926

These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.

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