What You Will Find Here
- OJOS11
- Articles and news of general interest about investing, saving, personal finance, retirement, insurance, saving on taxes, college funding, financial literacy, estate planning, consumer education, long term care, financial services, help for seniors and business owners.
READING LIST
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2009
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April
(29)
- WSJ Opinion: Mauling of GM Bondholders
- GM Bondholders Make Counter Proposal (Marketwatch)
- US Treasury on Buy America Bonds (BAB)
- Bloomberg : Raw Deal for GM Bondholders
- it's out: GM OFFER TO BONDHOLDERS swapping stock f...
- Business Week: Economic Stimulus for Medical Records
- Financial Times: GM's New Offer to Bondholders
- How Good is Your 401k ? Rate Your Company's Retire...
- MARKETWATCH California BABS Build America Bonds
- CNN: GM not paying June 1 interest
- The New Buy America Bonds (BABS) taxable munis sub...
- Frugal Living Ideas: Free Stuff (South Florida Su...
- Paying for College from 0 to 18 (NY Times)
- Obama Kids Tax Shelter 529 College Plan (WSJ)
- WSJ on Annuity Strategies for Retirement Income - ...
- OBAMA PLAN: GM BOND HOLDERS TO GET STOCK (REUTERS)
- Stimulus Package Opportunities (from Bondbuyer.com)
- The New Build America Bonds (from Reuters)
- The New Dividend Aristocrats ( from the Wall Stree...
- (from the street.com ) Moody Comments on probabili...
- Historical Plot: Boom & Bust Cycles (from dshort....
- Don't Overlook These Last Minute Tax Tips (Turbota...
- Ford: Good Response from Debt Buyback, Debt Downgr...
- Where Are We Compared to Other Bear Markets (from ...
- A Good Time to Hold Bonds (NY Times)
- Investor Psychology - Common Traps
- Morningstar Advisor on Immediate Annuities
- protecting your assets from creditors
- Retirement Income without Dividends (N Y Times)
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April
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Blog List
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The EU Is Spending Billions on Hydrogen-Ready, But Where’s the Hydrogen? - I'm all in favor of hydrogen-powered plants to produce electricity if only we had cheap hydrogen. But we don't and likely won't.
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How Companies Dodge Tariffs - Protectionist trade policies are popular on both the left and right. But some economists say they’re likely to backfire.
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Neom wants to build a 1,500-foot infinity pool that's almost 4 times longer than one in Dubai - The pool planned for the Treyam region of Saudi Arabia's Neom megaproject will be 1,500 feet long and suspended 220 feet above the sea if completed.
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Everybody Else Is Reading This - Snowflakes That Stay On My Nose And Eyelashes Above The Law Trump’s New Birth Control […]
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Maximizing Employer Stock Options - Oct 29 – On this edition of Lifetime Income, Paul Horn and Chris Preitauer discuss the benefits of employee stock options and how to best benefit from th...
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Wayfair Needs to Prove This Isn't as Good as It Gets - Earnings were encouraging, but questions remain about the online retailer's long-term viability.
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Hannity Promises To Expose CNN & NBC News In "EpicFail" - *"Tick tock."* In a mysterious tweet yesterday evening to his *3.19 million followers,* Fox News' Sean Hannity offered a preview of what is to come from ...
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Don’t Forget These Important Retirement Deadlines - *Now that fall is in full swing, be sure to mark your calendar for steps that can help boost your tax-advantage retirement savings.*
it's out: GM OFFER TO BONDHOLDERS swapping stock for debt
This link will bring up more details of the offer:
http://www.gm.com/corporate/investor_information/exchange-offer/
GM to offer $27 billion stock-for-debt swap
By Christopher Hinton
Last update: 8:36 a.m. EDT April 27, 2009
NEW YORK (MarketWatch) -- General Motors Corp. (GMGeneral Motors Corp
GM) said Monday it intends to offer $27 billion in common stock to its debt holders as part of a restructuring plan. According to the Securities and Exchange filing, GM will offer 225 shares of common stock to each $1,000 of debt. The Detroit automaker values the offer at $27.2 billion, and has set a deadline for debt holders to respond by May 26. "Exchange offers are a vital component of GM's overall restructuring plan to achieve and sustain long-term viability and the successful consummation of the exchange offers will allow GM to restructure out of bankruptcy court," the company said in a statement