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General Growth stock plunges 25% today

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What options are left for the Elk Grove Promenade developer?





The developer of The Elk Grove Promenade, General Growth Properties (GGP) saw it's bid for survival dealt another blow today.In NYSE trading, GGP shares dropped 25-percent today. The stock traded as high as $57 in the last 52 weeks.The Chicago-based mall developer is facing a significant credit crunch. Most recently it has been rumored that GGP might be a takeover target.Whatever happens, the situation for GGP and the Elk Grove Promenade is dire.

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Mai Vang files paper work with Federal Election Commission to challenge Doris Matsui for CA Congressional District 7
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Mai Vang files paper work with Federal Election Commission to challenge Doris Matsui for CA Congressional District 7

Paperwork filed yesterday with the Federal Election Commission shows that Sacramento City Councilmember Mai Vang is running for Congress. The filing states that Ms. Vang is running as a Democratic Candidate for California's Congressional District 7.       Democratic incumbent Doris Matsui currently represents CA District 7 and is expected

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Elk Grove Week at a Glance - Week of September 1
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Elk Grove Week at a Glance - Week of September 1

* 09/01 City Hall Closed for Labor Day  * 09/02 Polynesian Dance & Crafts Classes Start  * 09/04 Pitch Elk Grove (4:30 p.m.)  * 09/05 Diversity Dining Week: September 5-14  * 09/05 Fridays in the Grove: Silent Disco (5 p.m.)  * 09/06 Diversity Month: Pork Tamale Making

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