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  • 30 Investors Bound to Lose Big on GM [View article]
    Is GM really going bankrupt? If they pay off the bonds maturing on June 1, 2009 (about $1 billion outstanding) GM doesn't have another
    maturity for 18 months.

    These GM bonds ($25 par) trade at $2.50 (Symbol GRM)...if they pay off, it is a 10-1 shot.
    May 21 10:22 am |Rating: 0 0 |Link to Comment
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