“It’s ridiculously unfair and egregious that they would offer us such a small percentage,” said Hal John, a GM bondholder who runs an executive-search consulting firm in St. Louis. “We couldn’t get any worse of a deal” in bankruptcy court…GM has around 100,000 individual bondholders, holding about 20% of the company’s $27 billion in outstanding debt, according to 60 Plus, a senior advocacy group that lobbied lawmakers for individuals who hold GM bonds.
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