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Washington Times: “GM retirees tried to play it safe”

Continuing coverage of the GM small bondholders by Washington Times

By John P. Krudy

Bobby Work, 87, bought GM bonds with her husband 30 years ago and dearly misses the $20,000 they once yielded each year. Teresa Durhone, 50, put the profit from the sale of her house into the bonds so she could quit work and care for her sick mother. Now she’ll need to find work again.

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1,258 comments

By admin – June 18, 2009

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