Old Gm: Motors Liquidation Stock Is Mostly A Tax Writeoff

Q: Does the General Motors stock I own have any value? Should I just take the loss for tax purposes?

Topics:  general motors   should i   stock   tax   
  • Government expects to finish GM stock sale by year end
    The U.S. government expects to sell the last of its stake in General Motors by the end of the year ... the cost to the country would have been substantial - in terms of lost jobs, lost tax revenue, reduced economic production and other consequences ...
    11/21/2013 - 11:01 am | View Link
  • Taxpayers To Lose $10B On Bailout As Gov’t To Sell Remaining GM Stock By End Of Year
    DETROIT (AP) — The U.S. government expects to sell the last of its stake in General Motors by the end ... stake in GM in exchange for the bailout, which was needed because GM nearly ran out of cash and may have faced liquidation. Treasury gradually ...
    11/21/2013 - 2:08 am | View Link
  • GM Prices Senior Notes, Moody's Rates Ba1
    General Motors Company (GM ... of its Series A Preferred Stock from the UAW Retiree Medical Benefits Trust (UAW VEBA). The company will repurchase the shares at a premium price of $27 per share compared with the liquidation preference of $25.
    09/25/2013 - 8:17 am | View Link
  • Ford: Why We Disagree With Berkshire On Ford Vs. GM
    Despite the fact that GMAC had 50% more revenues than Ford Motor Credit in 2005, Ford Motor Credit's pre-tax ... Motors Liquidation Trust (Old GM) (5.2%). In contrast, the Ford Family controls 40% of Ford's voting rights through its Class B super-voting ...
    06/14/2012 - 8:58 pm | View Link
  • Old GM stock is worthless
    But investors who are holding the old GM stock are probably not so elated. Their stocks are nearly worthless, except to those who sell shares to lock in their losses for tax-deduction ... GM is now known as the Motors Liquidation Co. It is separate and ...
    11/18/2010 - 11:01 pm | View Link
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  • GM-B Search Results
    QUANTUMONLINE.COM SECURITY DESCRIPTION: General Motors Co., 4.75% Series B Mandatory Convertible Junior Preferred Stock, liquidation preference $50 per share.
    04/23/2018 - 12:46 am | View Website
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  • General Motors
    General Motors Company, commonly abbreviated as GM, is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services.
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