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:
  • 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 - 8:39 pm | View Link
  • Consider That Old GM Stock A Lemon
    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 Company.
    11/17/2010 - 11:01 pm | View Link
  • Singletary: GM’s old stock not worth much
    General Motors will be issuing new ... 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 purposes. If you are still ...
    11/16/2010 - 6:50 pm | View Link
  • No stock exchange for old, new GM shares
    But investors who are holding the old GM stock are probably not so elated. Their shares are nearly worthless, except to those who sell them to lock in their losses for tax-deduction purposes ... GM is now known as the Motors Liquidation Co. It is separate ...
    11/16/2010 - 11:00 am | View Link
  • Amid Blight and Scavenging, ‘Old GM’ Plants Linger
    This new General Motors is selling cars, making money and preparing a public stock offering. The least valuable assets, including the run-down factories in Flint, were left in the shell of the old G.M., now named the Motors Liquidation Company. This ...
    09/15/2010 - 12:55 am | View Link
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BING SEARCH:
  • General Motors Investors FAQ | GM.com
    GM was incorporated in the state of Delaware on July 10, 2009. General Motors Company began its operations when it acquired substantially all of the assets of Motors ...
    05/27/2017 - 7:11 am | View Website
  • 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.
    05/27/2017 - 3:29 am | View Website
  • Today's Stock Market News and Analysis
    Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more.
    05/26/2017 - 5:42 pm | View Website
  • General Motors | Official Global Site | GM.com
    General Motors is home to Buick, Cadillac, GMC and Chevrolet. Find the latest news about GM automotive innovations, investor relations and more.
    05/26/2017 - 6:08 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
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