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Finance and Commerce Peachtree Mall owner may seek bankruptcy protection Columbus Ledger-Enquirer, GA - 9 hours ago “Due to the continued weakness in the credit markets, there can be no assurance that we will be able to refinance this debt on acceptable terms or otherwise ... General Growth plunges on bankruptcy warning Crain's New York Business Shares of mall owner General Growth Properties plunge 64% Orlando Sentinel Buckland mall owner in debt crisis Journal Inquirer ABC7Chicago.com all 436 news articles - www.iii.co.uk
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Consumers’ reluctance to spend could help loosen up the credit market for small businesses. Or, it could hog-tie an already distraught economy. Consumer credit dropped for the first time in 10 years, and the personal savings rate is as high as it’s been in four years.