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   
BING NEWS:
  • 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
  • More
BING SEARCH:
  • 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
  • GM
    Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
    04/22/2018 - 4:32 pm | View Website
  • Wires
    24 Mins Ago. EVERETT, Wash.— An entrepreneur wants to bring a global trend to the U.S. and put commercial airport terminals in the hands of private companies instead of the government.
    04/22/2018 - 2:59 pm | View Website
  • 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.
    04/22/2018 - 12:50 pm | View Website
  • AOL
    Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
    04/22/2018 - 10:48 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News