Short DAX at 7740

General Growth Seeks Chapter 11 Bankruptcy Protection


The bankruptcy filing lists Eurohypo AG, a unit of Commerzbank AG, as General Growth’s largest unsecured creditor, with claims totaling $2.6 billion under two loans. The filing said noteholders are owed about $4 billion in total.

Commerzbank

XETRA 4,95 0,10 +2,06% 10:18

LOL !
 
Quote from ASusilovic:

I have only one idea : 4600 straddles.


JUN's look good as a hedge against the current complacency.
it looks like we're back in denial phase. for how long?

General Growth Seeks Chapter 11 Bankruptcy Protection
....
The bankruptcy filing lists Eurohypo AG, a unit of Commerzbank AG, as General Growth’s largest unsecured creditor, with claims totaling $2.6 billion under two loans. The filing said noteholders are owed about $4 billion in total.
....

http://www.bloomberg.com/apps/news?pid=20601087&sid=aYYnO.QAJPyc&refer=home
....
 
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