April 16, 2009

Thursday, April 16, 2009

Day 86: President Obama travels south of the border to Mexico

Photos: Pete Souza/White House Today President Barack Obama visited Mexico. On his arrival, President Obama received a warm welcome from some of its citizens and Mexican President Felipe Calderon. During the welcoming ceremony, Obama made a pledge: “At a time when the Mexican government has so courageously taken on the drug cartels that have plagued both sides of the borders, it […]
Thursday, April 16, 2009

Burbank Town Center’s management firm files for bankruptcy

Photo: FLLewis/A Writer’s Groove More bad economic news. Today General Growth Properties, the second largest mall owner in the country, declared bankruptcy. It’s considered the largest real estate failure in U.S. history. General Growth Properties and 158 of its U.S. malls filed for protection under chapter 11. The Burbank Town Center is listed on GGP’s website as one of the properties […]