Piedmont Mall owners may seek creditor protection

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Staff
Published: November 12, 2008

General Growth Properties the second-largest U.S. shopping mall owner, had its worst trading day ever yesterday after saying it may seek creditor protection if plans to refinance $958 million in debt do not succeed the Washington Post reported. They own Piedmont Mall.

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Posted by ( letstalk ) on November 12, 2008 at 7:26 pm

Maybe Tom( our new congressman elect) should talk to his Washington friends and see if they can bail out the mall like they bailed out the housing market.

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