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Lenders Gain Upper Hand on Freibaum

6 August, 2008 (03:29) | Successes, WallStreet Journal | By: WSJ.com: Real Estate

As one of the most powerful chief financial officers among U.S. mall owners, Bernie Freibaum has held considerable sway for years over financial backers of General Growth. But as Freibaum begins to refinance its debt, he is finding that the tables have turned.