This is one you just gotta see. http://www.slate.com/id/2216238/ has an interactive map of vanishing employment across the country. Push the play button and watch 5 million jobs disappear and where. It is quite fascinating. Mish has a small write up on this as well. This is a must clicker.
From Marketwatch: General Growth Properties files for bankruptcy - General Growth said it filed for bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York. In addition, approximately 158 regional shopping centers also filed for protection.
We've been waiting for the commercial real estate shoe to drop, so why not start with the nations second largest.