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:
  • GM Bailout Ends as U.S. Sells Last of ‘Government Motors’
    General Motors Co. is free from U.S. taxpayer ownership ... it may clear the way for the company to initiate a dividend or stock buyback. A total automobile-industry shutdown from a liquidation of GM and Chrysler would have cut 2.63 million jobs from ...
    12/10/2013 - 7:38 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 - 8:39 pm | View Link
  • For those with old stock, GM IPO isn’t good news
    But investors who are holding the old GM stock are probably not so elated. Their shares are nearly worthless, except to those who sell to lock in their losses for tax-deduction purposes ... GM is now known as the Motors Liquidation Company.
    11/17/2010 - 11:01 am | 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:
  • Frequently Asked Questions
    Frequently Asked Questions. ... of claims or equity interests maintained by Motors Liquidation Company ("Old GM") ... General Motors Company and U.S. Bank ...
    07/22/2016 - 3:55 pm | View Website
  • General Motors Chapter 11 reorganization
    General Motors Chapter 11 reorganization ... Motors Liquidation Company's stock symbol was changed from GMGMQ to MTLQQ, ... Local tax incentives amounted to $1.7 ...
    07/22/2016 - 3:05 pm | View Website
  • » Old GM stock charts
    Posts Tagged ‘Old GM stock charts’ ... General Motors” stock that became Motors Liquidation Company ... So old GM became Motors Liquidation Company (MLC) (Stock
    07/22/2016 - 4:42 am | View Website
  • Business News, Personal Finance and Money News
    ... © 2016 ABC News Internet Ventures. All rights ... Surprising Tax Deductions to Help Maximize Your ... Why Stock Investors Shouldn’t Fear Higher ...
    07/21/2016 - 6:27 pm | View Website
  • General Motors Investors FAQ | GM.com
    General Investor Information. Q: ... Did the old General Motors Corporation common stock, ... The receipt of new GM stock and warrants by Motors Liquidation Company ...
    07/20/2016 - 9:41 pm | View Website
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