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Monday, February 23, 2009

Waiting for Citi, AIG, GGP News

by Calculated Risk on 2/23/2009 08:50:00 PM

Waiting for some news ...

General Growth Properties, the 2nd largest mall owner in the U.S., is scheduled to report earnings this evening. In an SEC filing on Friday, GGP reported that they are currently in default on certain loans.

And today was the light news day of the week! The rest of the week will be busy with Case-Shiller house prices, existing home sales, new home sales, and revised GDP all being released. Plus President Obama will address Congress tomorrow evening, Bernanke testifies to Congress on Tuesday and Wednesday, and Geithner will provide more details on the capital program and stress tests on Wednesday.

May we all live in interesting times.