Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $10,128
12%  
Woo hoo!! And now less than $3.5k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

Keyword: paystodiversify

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  • GM bondholder has rough ride

    05/24/2009 5:40:12 AM PDT · by libstripper · 24 replies · 1,239+ views
    Boston Herald ^ | May 24, 2009 | Jerry Kronenberg
    Bill Zastrow fears he’s about to lose $240,000 he put into General Motors bonds to finance his kids’ educations, and he puts lots of blame on one man: Barack Obama. “GM bondholders are not speculators as President Obama calls us,” said Zastrow, the 58-year-old president of Millbury’s FileMark Corp. “We’re talking about people’s retirement funds and education funds. These aren’t derivatives or anything like that.” As GM approaches a government-mandated June 1 deadline to either reorganize or file for bankruptcy, Zastrow and other small investors have formed “GM Main Street Bondholders” to call attention to their plight.