Gm Chrysler Merger Talks Reported

(Reuters) - Australia's Westfield Group isn't expected to snap up any assets from the collapse of General Growth Properties Inc. despite its cash pile of nearly $6.5 billion, due with regard to an uncertain outlook for your U.S. economy and the global credit store.





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"The risks are that the U.S. consumer recession is deeper than anticipated. In order that they would be increasing their U.S. exposure as the consumer outlook is deteriorating," said Richard Morris, a fund manager with Constellation Capital Management, which does not own Westfield shares.

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