Can you deduct a loss for your worthless GM stock? With tax time at hand, you may be wondering if you can ... the day that GM filed for bankruptcy. Each share of GM stock became a share in Motors Liquidation. While it was widely reported that the shares were worthless, those shares still traded, then ... 07/2/2014 - 11:00 am | View Link
Susan Tompor: Time to claim tax loss on GM shares It was not until March 31, 2011, that Motors Liquidation Co. -- the new name for the old GM stock -- stopped trading in the over-the-counter market when it closed at 4 cents a share. So, the 2011 tax return becomes the key time to book a tax loss for a ... 03/25/2012 - 6:25 am | View Link
Those with old GM stock will be at end of the line General Motors issued new stock Thursday ... But investors holding the old GM stock are probably not so elated. Their stocks are nearly worthless, except to those who sell shares to lock in losses for tax-deduction purposes. If you are still holding ... 11/19/2010 - 11:00 am | View Link
No stock exchange for old, new GM shares And now the company is planning to sell millions of new shares of common stock for $32 to $33 per share ... The old bankrupt GM is now known as the Motors Liquidation Co. It is separate and distinct from the new General Motors. One would think that ... 11/16/2010 - 11:00 am | View Link
Uncle Sam Refuses To Pay For Old GM Stock, Probably… Moreover, shares in Motors Liquidation will emphatically not be exchanged for stock in the New GM when it makes its IPO later this year. It seems that bad news should lead to some good news: a 2009 tax write off. For the non-financially minded, a tax write ... 02/15/2010 - 11:00 am | View Link
General Motors Chapter 11 reorganization The General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through section 363 of Chapter ... 07/22/2014 - 6:12 pm | View Website
gm Stock Price Today McCaskill Grills Barra Over GM's Millikin During testimony on General Motors' safety recalls. MIssouri Sen. Claire McCaskill grills GM CEO Mary Barra ... 07/22/2014 - 4:10 pm | View Website
GM: Summary for General Motors Company Common S- Yahoo ... View the basic GM stock chart on Yahoo! Finance. Change the date range, chart type and compare General Motors Company Common S against other companies. 07/22/2014 - 4:21 am | View Website
General Motors Stock Information | eHow General Motors has also tried to discourage trading in the stock of Motors Liquidation Co., saying that management "continues to remind investors of its strong belief ... 07/21/2014 - 9:48 pm | View Website
VideoIt's no secret by now that Facebook has completely figured out how to make money on ads running on mobile devices--a big turnaround from just two years ago when the lack of mobile ads tanked its initial public offering. To date, it's believed that many of those ads are aimed 
Republican senators are insisting that the House and Senate sign off on any potential nuclear deal between Iran and six world powers or else sanctions on Tehran that had been temporarily lifted could kick back in.
Most small businesses are trying to forget the recent recession, and get back to “business as usual.” They don’t realize that business as usual is gone forever. With social media and smart phone conversations, real product information spreads at astounding speeds. Entrepreneurs that are not listening, not engaging, and not 
Q&A with Tynia A. Watson
Two federal statutes clash
in companies’ juice labeling case
Q: The Supreme Court recently sided with the juice maker POM Wonderful in a false advertising dispute with Coca-Cola.