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IPFS News Link • Economy - Economics USA

GM Shareholders: Poof!

05-05-2009 • Market-ticker.denninger.net/

The effect of this as disclosed would be that the existing common shareholders would have their holdings reduced in value to one percent of their current market value. So as of 4:00 PM today, your $1.85 stock price would be... drum roll please... $0.

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Reported By Jack Gregson

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