New York Stock Exchange

Bondholder Group Asks Trustee To Sue General Growth Partners

Looks like at least someone will not take the ongoing criminality of the sociopathic market any longer.

From from the WSJ:

A group of bondholders have ratcheted up the pressure on General Growth Properties Inc. by asking their trustee to sue the debt-laden mall owner for payment of their past-due bonds.

Six Flags' Fate Rests With Fidelity's $100 Million Bonds

The Washington Post out with a good expose on the non roller coaster-based freefall for Dan Snyder's Six Flags.

The firm, which announced last week that its stock was being delisted from the New York Stock Exchange, faces a more than $300 million payment to preferred stockholders in August that the company says it cannot afford. Fitch Ratings recently warned that a "default is imminent or inevitable." Its shares ended the week worth 26.6 cents.

GGP Stock On Fire, Company Pleads Ignorance

The company has announced that as a result of the unusual market activity in the common stock, the New York Stock Exchange contacted GGP and requested the issuance of a public statement indicating whether there are any corporate developments that might explain the unusual activity. The company announces it is not aware of any corporate developments that might explain the unusual market activity. Maybe Ackman hired one of the laid off Simmons algo guys who is experiementing with the "never sell" program trade.

GGP Stock On Fire, Company Pleads Ignorance

The company has announced that as a result of the unusual market activity in the common stock, the New York Stock Exchange contacted GGP and requested the issuance of a public statement indicating whether there are any corporate developments that might explain the unusual activity. The company announces it is not aware of any corporate developments that might explain the unusual market activity. Maybe Ackman hired one of the laid off Simmons algo guys who is experiementing with the "never sell" program trade.