Ggp 's difficulties were not unexpected .

ggp的困境不是出乎意料的。

Ggp filed for chapter 11 bankruptcy protection on april 16th .

ggp于4月16日申请第11条款破产保护。

Ggp commanded a market value of about $ 10bn when lehman brothers collapsed in september 2008 .

2008年9月，当雷曼兄弟（lehmanbrothers）破产时，ggp的市值约为100亿美元。

Ggp found that it simply could not roll over its debts because of a lack of liquidity .

ggp发现由于缺乏流动性而不能周转它的债务。

During the darkest days of the financial crisis , the value of ggp 's unsecured debt fell below 10 cents on the dollar .

在金融危机最严重的时期，ggp面值1美元的无担保债券跌破了10美分。