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    General Growth in Chapter 11

    It is too bad an Iowa success story is ending this way.

    http://www.usatoday.com/money/econom...terstitialskip



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    Re: General Growth in Chapter 11

    Aren't they based in Chicago?

    EDIT: Nevermind, I found the reference now.


    They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. - Benjamin Franklin 1775

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    Re: General Growth in Chapter 11

    Ending? The company isn't dissolving...



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    Re: General Growth in Chapter 11

    Quote Originally Posted by vanillathrilla View Post
    Ending? The company isn't dissolving...
    No, the company is reorganizing. But the success story seems to be dissolving.



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    Re: General Growth in Chapter 11

    The good malls in town are GG, the ****** one's owner is still in the black. I guess if you dont put any money into your product you dont have this problem! I hope they reorganize successfully. Now that I have young kids I'm loving the mall parks


    Nothing to see here mods. Keep moving.

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    Re: General Growth in Chapter 11

    Quote Originally Posted by vanillathrilla View Post
    Ending? The company isn't dissolving...
    Exactly. It sucks for a company to have to go in to Chapter 11 but that happens when you grow your company at a rate that it can't survive a recession.

    Plenty of companies have eventually come out of Chapter 11 and done good things.



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