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 Undertakes Refinancing Activity
    General Motors will utilize the proceeds to repurchase 120 million shares of its Series A Preferred Stock from the UAW Retiree Medical ... The purchase price is at a premium to the liquidation preference of $25 per share. The shares carry an annual ...
    09/24/2013 - 10:35 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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  • » Old GM stock charts
    04.05.2011. Motors Liquidation Company Ceases Trading. original article written by Net Advisor™ The “old (and the original) General Motors” stock that became ...
    06/17/2016 - 11:14 am | View Website
  • Cost basis allocation question: GM bonds conversion to stock
    So back when the 2008-2009 financial crisis was in full swing, I bought some GM bonds at depressed prices. These have now been converted to stock and warrants in the ...
    06/17/2016 - 10:10 am | View Website
  • General Motors Investors FAQ | GM.com
    General Motors Company does not issue stock certificates. Rather, GM uses a form of registered stock ownership called book entry or Direct Registration Profile System ...
    06/17/2016 - 9:27 am | View Website
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