Invest | Stocks | Finance on Instagram: "He bought into a bankrupt mall operator when its stock was trading for cents, confident that the market was misreading a temporary crisis as a permanent failure. Bill Ackman saw value in a company most investors had already abandoned. General Growth Properties was drowning in debt during the 2008 collapse, not because its malls were failing but because the entire credit system had frozen. Ackman spent months in court watching the case unfold and listening

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