{
  "kind": "all",
  "value": "all",
  "collectionKey": "slides:all:all:all-document-kinds:all-producers:all-orientations",
  "filters": {
    "documentKinds": [],
    "sourceTypes": [],
    "orientations": []
  },
  "total": 319975,
  "page": 2227,
  "pageSize": 60,
  "pageCount": 5333,
  "rows": [
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 1,
      "slideType": "cover",
      "function": "front_matter",
      "notes": null,
      "imagePath": "https://imgproxy.kitesheet.com/1BjJGlrctZuROKWVgAqFapQ4QMdVj4gG8_3ZVwmBY_U/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy83ZDczODk1MWQxZTUvcDAwMS5wbmc",
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/1",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-1",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": "https://imgproxy.kitesheet.com/UbE_8thOaeOkRURPyj1cvaMpJjVd1oGy-QLtTbk71RU/rs:fit:1200:1200:0/q:82/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy83ZDczODk1MWQxZTUvcDAwMS5qcGc",
      "thumbSrc": "https://imgproxy.kitesheet.com/OJcPPOTsAJCTMmUDhS_p1Y3JOIxY3_UrQL70E45AHhM/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy83ZDczODk1MWQxZTUvcDAwMS5wbmc",
      "thumbSrcAlt": "https://imgproxy.kitesheet.com/Aki9v-njpyRC0Sokgv0h2iCo4Y-gaUc5w5pOLXQvIB4/rs:fit:480:480:0/q:78/f:webp/czM6Ly9raXRlc2hlZXQvY29ycHVzL3NsaWRlcy83ZDczODk1MWQxZTUvcDAwMS5qcGc"
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 2,
      "slideType": "disclaimer",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/2",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-2",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 3,
      "slideType": "agenda",
      "function": "front_matter",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/3",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-3",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 4,
      "slideType": "thesis_headline",
      "function": "establish_context",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/4",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-4",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 5,
      "slideType": "executive_summary",
      "function": "establish_context",
      "notes": "Slide provides a high-level breakdown of the company's operational structure.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/5",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-5",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 6,
      "slideType": "geographic_map",
      "function": "establish_context",
      "notes": "Includes an inset map for Maryland detail.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/6",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-6",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 7,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/7",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-7",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 8,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": "The slide uses a list-based segmentation to categorize assets by quality grade (A+, A, A-).",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/8",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-8",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 9,
      "slideType": "ceo_quote",
      "function": "establish_context",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/9",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-9",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 10,
      "slideType": "thesis_headline",
      "function": "quantify_opportunity",
      "notes": "The chart highlights that while other asset classes show high volatility, the 'Mall' line (blue) remains within a tighter band, particularly during market downturns.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/10",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-10",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 11,
      "slideType": "thesis_headline",
      "function": "establish_context",
      "notes": "The slide uses a callout box to emphasize the long-term nature of the lease portfolio.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/11",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-11",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 12,
      "slideType": "revenue_buildup",
      "function": "quantify_opportunity",
      "notes": "The chart illustrates the potential for rent increases as leases expire and are renewed at higher market rates.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/12",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-12",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 13,
      "slideType": "kpi_overview",
      "function": "analyze_data",
      "notes": "The chart uses a 3D pie representation to show debt categories: Secured Fixed, Unsecured Fixed, Secured Variable, and Unsecured Variable.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/13",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-13",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 14,
      "slideType": "key_takeaways",
      "function": "summarize",
      "notes": "The slide uses a simple process-flow diagram to show how specific asset characteristics lead to the conclusion of a high-quality business.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/14",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-14",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 15,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/15",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-15",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 16,
      "slideType": "timeline",
      "function": "summarize",
      "notes": "The chart uses a broken x-axis to bridge the gap between 1960 and 1993.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/16",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-16",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 17,
      "slideType": "timeline",
      "function": "diagnose_problem",
      "notes": "The slide uses a line chart to visualize the stock price collapse, with callout boxes linking specific dates to market events.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/17",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-17",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 18,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "The slide uses a red callout box and a red arrow to visually emphasize the market collapse.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/18",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-18",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 19,
          "from": 18,
          "beatId": "b79febc6-27fb-4247-998d-9c428bb51fd6",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Problem (Identify pain)",
          "beatSlug": "problem-agitate-solution-problem-identify-pain",
          "evidence": "The presentation identifies the problem of GGP's bankruptcy and the pain it causes for secured creditors.",
          "position": 0,
          "confidence": 0.9,
          "parentBeatName": "Complication",
          "parentBeatSlug": "complication"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 19,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/19",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-19",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 19,
          "from": 18,
          "beatId": "b79febc6-27fb-4247-998d-9c428bb51fd6",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Problem (Identify pain)",
          "beatSlug": "problem-agitate-solution-problem-identify-pain",
          "evidence": "The presentation identifies the problem of GGP's bankruptcy and the pain it causes for secured creditors.",
          "position": 0,
          "confidence": 0.9,
          "parentBeatName": "Complication",
          "parentBeatSlug": "complication"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 20,
      "slideType": "thesis_headline",
      "function": "frame_situation",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/20",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-20",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 21,
      "slideType": "peer_benchmark",
      "function": "compare_peers",
      "notes": "The chart includes a callout box explaining Glimcher's occupancy calculation methodology.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/21",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-21",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 22,
      "slideType": "kpi_overview",
      "function": "analyze_data",
      "notes": "The slide highlights the deceleration in growth rates by Q1'09.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/22",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-22",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 23,
      "slideType": "thesis_headline",
      "function": "frame_situation",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/23",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-23",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 24,
      "slideType": "thesis_headline",
      "function": "frame_situation",
      "notes": "This is a single callout box on a plain background.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/24",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-24",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 25,
      "slideType": "before_after",
      "function": "illustrate_case",
      "notes": "The slide uses annotations to link specific corporate events to the stock price trajectory.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/25",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-25",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 26,
      "slideType": "expose_contradiction",
      "function": "expose_contradiction",
      "notes": "The slide uses a timeline-annotated line chart to highlight the contradiction between bankruptcy status and stock performance.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/26",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-26",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 27,
      "slideType": "problem_statement",
      "function": "diagnose_problem",
      "notes": "The slide uses a causal chain to explain the bankruptcy, highlighting the impact of off-balance-sheet consolidation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/27",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-27",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 28,
      "slideType": "ceo_quote",
      "function": "preempt_rebuttal",
      "notes": "The slide uses a Q&A format to address potential investor skepticism regarding bankruptcy recovery.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/28",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-28",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 29,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide uses a direct excerpt from the U.S. Bankruptcy Code to establish the legal standard for plan confirmation.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/29",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-29",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 30,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide uses a direct quote from the Congressional Record to establish a legal precedent for creditor recovery limits.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/30",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-30",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 31,
      "slideType": "comparison_table",
      "function": "compare_peers",
      "notes": "The slide uses a comparison framework to reframe GGP's bankruptcy as a liquidity event rather than a fundamental insolvency.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/31",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-31",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 32,
      "slideType": "precedent_table",
      "function": "cite_precedent",
      "notes": "The slide uses a case study approach to demonstrate that equity value can be preserved or enhanced in specific bankruptcy scenarios.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/32",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-32",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 33,
      "slideType": "comparison_table",
      "function": "compare_peers",
      "notes": "The slide argues that conflicting incentives among stakeholders lead to the underpricing of post-reorganization equity.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/33",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-33",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 34,
      "slideType": "problem_statement",
      "function": "frame_problem",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/34",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-34",
      "loopMatches": [
        {
          "to": 34,
          "from": 20,
          "name": "Cost Of Inaction",
          "slug": "27-cost-of-inaction",
          "bestFor": "Urgent budget requests, compliance, risk mitigation",
          "matchId": "20a3e1ee-f4de-4556-b10c-ab881a1652ed",
          "evidence": "The presentation highlights the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 0,
          "objective": "What is the cost of inaction for GGP's secured creditors?",
          "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
          "confidence": 0.8,
          "description": "Quantify what happens if the audience does nothing"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 34,
          "from": 20,
          "beatId": "d6442dcd-39dc-412b-b7dc-1bf7c6f5b853",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Agitate (Make it worse)",
          "beatSlug": "problem-agitate-solution-agitate-make-it-worse",
          "evidence": "The presentation agitates the problem by highlighting the potential consequences of not reorganizing, such as the loss of value for secured creditors.",
          "position": 1,
          "confidence": 0.9,
          "parentBeatName": "Development",
          "parentBeatSlug": "development"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 35,
      "slideType": "propose_solution",
      "function": "propose_solution",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/35",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-35",
      "loopMatches": [],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 36,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "The slide outlines specific adjustments to debt, NOI, dividends, and capex for financial modeling purposes.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/36",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-36",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 37,
      "slideType": "valuation_table",
      "function": "quantify_opportunity",
      "notes": "Includes footnotes detailing assumptions for cash flow adjustments and valuation methodology.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/37",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-37",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 38,
      "slideType": "scenario_table",
      "function": "analyze_data",
      "notes": "Includes detailed footnotes regarding assumptions for cash flow, interest expense, and debt conversion.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/38",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-38",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 39,
      "slideType": "preempt_rebuttal",
      "function": "preempt_rebuttal",
      "notes": "This slide addresses potential counter-arguments regarding the feasibility of the proposed solution.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/39",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-39",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 40,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide uses a direct quote from Justice Stevens to define the 'cram down' standard.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/40",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-40",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 41,
      "slideType": "transition",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/41",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-41",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 42,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide explicitly maps GGP to the 'formula approach' category.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/42",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-42",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 43,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide cites the legal precedent established by Justice Stevens in the 2004 Till v. SCS Credit Corp case.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/43",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-43",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 44,
      "slideType": "precedent_table",
      "function": "cite_precedent",
      "notes": "The slide highlights the widespread application of the Till precedent in bankruptcy proceedings.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/44",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-44",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 45,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide highlights a legal precedent where the court opted for a formula approach despite arguments for an efficient market rate.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/45",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-45",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-38d8804ef6d4",
      "docSlug": "7d738951d1e5",
      "documentTitle": "General Growth Properties (GGWPQ)",
      "authorId": "01_Pershing_Square",
      "authorName": "Pershing Square",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2009-05-27 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 46,
      "slideType": "cite_precedent",
      "function": "cite_precedent",
      "notes": "The slide uses a court ruling to justify a specific interest rate methodology, contrasting it with a creditor's higher market rate claim.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-38d8804ef6d4/46",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-38d8804ef6d4#slide-46",
      "loopMatches": [
        {
          "to": 50,
          "from": 36,
          "name": "Hypothesis Test",
          "slug": "42-hypothesis-test",
          "bestFor": "Strategy validation, due diligence, research presentations",
          "matchId": "e2c1c744-9c7e-466a-b9b5-c6482f4a63d4",
          "evidence": "The presentation tests the hypothesis that re-pricing GGP's debt to Till-mandated rates would allow for a more favorable reorganization.",
          "position": 1,
          "objective": "What if GGP's debt were re-priced to Till-mandated rates?",
          "structure": "The Hypothesis -> Test 1 (Supports/Refutes) -> Test 2 (Supports/Refutes) -> Conclusion (Validated/Pivoted)",
          "confidence": 0.7,
          "description": "State a hypothesis upfront, then systematically prove or disprove it with evidence"
        }
      ],
      "arcBeatMatches": [
        {
          "to": 68,
          "from": 35,
          "beatId": "169e941d-9840-4b8e-a722-5cc6448c842f",
          "arcName": "Problem-Agitate-Solution",
          "arcSlug": "problem-agitate-solution",
          "beatName": "Solution (Provide relief)",
          "beatSlug": "problem-agitate-solution-solution-provide-relief",
          "evidence": "The presentation proposes a solution for reorganization, providing relief for secured creditors.",
          "position": 2,
          "confidence": 0.9,
          "parentBeatName": "Resolution",
          "parentBeatSlug": "resolution"
        }
      ],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 151,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 150 at the bottom.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/151",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-151",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 152,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 151.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/152",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-152",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 153,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/153",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-153",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 154,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Includes CAGR calculations for the 2009-2013 period.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/154",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-154",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 155,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 154.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/155",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-155",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 156,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 155.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/156",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-156",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 157,
      "slideType": "revenue_buildup",
      "function": "analyze_data",
      "notes": "The table breaks down square footage by asset type (Owned vs Leased) and calculates revenue based on rent per square foot with a 2.5% annual CPI escalator.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/157",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-157",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 158,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 157. Contains detailed historical financial data from 2009-2013.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/158",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-158",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 159,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 158 included at bottom.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/159",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-159",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 160,
      "slideType": "section_divider",
      "function": "transition",
      "notes": null,
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/160",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-160",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 161,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 160 visible at bottom.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/161",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-161",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 162,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Includes adjustments for REIT and Credit Card segments to arrive at pro forma figures for 2008-2013.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/162",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-162",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 163,
      "slideType": "appendix_data",
      "function": "analyze_data",
      "notes": "Page number 162 at the bottom.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/163",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-163",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    },
    {
      "docId": "019dd923-622c-750b-8b9b-3606a0ca899b",
      "docSlug": "c0c1d47eef3b",
      "documentTitle": "Target Corporation (TGT)",
      "authorId": "01_Pershing_Square",
      "authorName": "William Ackman",
      "documentKindSlug": "activist-deck",
      "documentKindLabel": "Activist deck",
      "sourceTypeSlug": "activist_investor",
      "sourceTypeLabel": "Activist investor",
      "presentationDate": "2008-10-29 00:00:00",
      "orientation": "portrait",
      "aspectRatio": 0.77272725,
      "pageNumber": 164,
      "slideType": "valuation_table",
      "function": "analyze_data",
      "notes": "Page number 163 at the bottom.",
      "imagePath": null,
      "matchCount": 1,
      "evidence": null,
      "slideHref": "/slides/019dd923-622c-750b-8b9b-3606a0ca899b/164",
      "deckHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b",
      "deckAnchorHref": "/decks/019dd923-622c-750b-8b9b-3606a0ca899b#slide-164",
      "loopMatches": [],
      "arcBeatMatches": [],
      "imagePathAlt": null,
      "thumbSrc": null,
      "thumbSrcAlt": null,
      "locked": true
    }
  ]
}