http://247wallst.com/2009/02/12/general-motors-gm-bondholders-pushing-for-more/ Insightful Analysis and Commentary for U.S. and Global Equity Investors Sun, 15 Feb 2009 02:18:24 +0000 http://wordpress.com/ hourly 1 http://247wallst.com/2009/02/12/general-motors-gm-bondholders-pushing-for-more/#comment-403 james yarbrough Fri, 13 Feb 2009 12:46:39 +0000 http://247wallst.com/?p=24064#comment-403 My uderstanding is several of the banks are in the same financial shape as GM? Why are their bondholders not being treated like GM? 20+ years ago I put enough money in CD's to finish the game. When the Fed lowered the interest rate similar to what they are doing now I put some of this money in GM bonds to trie and maintain my survivor lifestyle. Am I the only Senior citizen who made this mistake? This is the only place I have been able to find anything about where I stand and I still don't understand totally. Is there anywhere I can find out what's happening? Where did they come up with 30%? Why are Coker and Shelby, who's states have 6 foreign automobile manufacturing plants in their States being given major TV time? My uderstanding is several of the banks are in the same financial shape as GM? Why are their bondholders not being treated like GM? 20+ years ago I put enough money in CD's to finish the game. When the Fed lowered the interest rate similar to what they are doing now I put some of this money in GM bonds to trie and maintain my survivor lifestyle. Am I the only Senior citizen who made this mistake? This is the only place I have been able to find anything about where I stand and I still don't understand totally. Is there anywhere I can find out what's happening? Where did they come up with 30%? Why are Coker and Shelby, who's states have 6 foreign automobile manufacturing plants in their States being given major TV time?

]]>