GM Bankruptcy Watch: The “Main Street” Bondholders

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Hooe do you do it, www.usnews.com?

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Brandi of AL 11:51AM March 14, 2010

Nice post. www.usnews.com is amazing.

Kennith of AL 2:51PM March 10, 2010

Prefect. www.usnews.com is great.

Liliana of AL 2:47PM March 10, 2010

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of 8:46AM November 16, 2009

+1

soundtracks of AL 6:21AM July 17, 2009

i have 250000 in gm bonds and i am disabaled /, what do i do know i have been robed by the us gov. thaks a lot obama you ....

bob evans of CA 7:18PM June 27, 2009

Did Obamma and his finance advisers think about the flight of private capital from unionized companies after he pushed the UAW to the head of the line? What happens to the rest of the unionized companies when private capital flees? Is the Government going to prop them up also?

I guess it is now too risky for the average "Joe Sizpack" investor to be investing in any company with a heavy union presence. I'm out and will never return. When there is money to be made for my IRAs and 401K in emerging markets and U.S. small and mid-cap funds, why should I risk going head-to-head with a union in an emerging socialist country?

Dave M of MD 3:52PM June 01, 2009

It is people like you writing this trash that are the problem. People have gorwn to trust America. Apparently you are too liberal for that.Your Parents bought these bonds because they believed in the spirit of American hard work, you should be ashamed of yourself for thinking you are better than your parents.

cac of TX 10:24AM May 31, 2009

Barack Obama are of the inferior liberal and left wing ideology in that he is against every thing that Governor Sarah Palin is for and he is for every thing that Governor Sarah Palin is against.on Blackwhiteconnect,(om,u will see more about it.

joyce of NY 6:12AM May 31, 2009

I find it funny that when companies go under, the average Joe beats his chest with a loud "I told you so." bellowing from underneath the Bud Light and Doritos dietary blend swimming at the bottom of his gut. "Those big companies were making to much money anyway". Do they not understand that all components of life are at risk everyday... all the time? Businss owners are people who took that risk by the horns and ran with it. Some businesses fail and that is the nature of the beast.

But, ol' Joe Rocking Chair is 'Guaranteed' to get all of his money. Why? Well... because, that's why. We bond to our false securities and make no escape plans. Imagine two robbers breaking into a bank with intentions to rob it. THey get in, they get the money and... they haven't made an escape plan. That money is now worthless paper to them. Be ready to change, people. Do not embrace lies... don't listen the Salve salesman's song!

The people who were screwed over by Enron lost lots of money and I feel horrible for them. But with the same breath I will say, it is their owns fault. You are basically putting your retirement money in a Casino (Stock Markets, business ventures, etc.) and hoping that the black jack dealer is honest. And if you lose your money... you expect to get it back! From a casino. Does that make any sense? Of course not. Risk is alive a well. Either you manage it, or it will manage you.

This is the reason that the rich stay rich. They manage risk. We... go to Quicky Stop, grab a six pack, smokes and ju ju beans and watch American Idol.

Will Mosley of GA 11:28PM May 30, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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