Main Street Bondholders » Tampa rally

Financial Times: “Private GM bondholders face large losses”

admin — Mon, 18 May 2009 19:18:00 +0000

Financial Times article which includes interviews with small bondholders Chris Crowe, Mark Modica and William Nast

Private GM bondholders face large losses

By Nicole Bullock

“Creditors have better memories than debtors,” says Chris Crowe, an electrician and home inspector from Denver, who stands to lose his son’s college fund on what has turned out to be a poor investment in the bonds of General Motors…..

At last week’s rally, Mark Modica took the podium and said: “I have more than one reason to hope that GM stays out of bankruptcy.” Mr Modica not only holds GM bonds; he is also a manager at a GM dealership.

Tampa, FL Press Conference video

admin — Fri, 15 May 2009 12:34:39 +0000

Check out our video from Tuesday’s Tampa, FL press conference:

“GM bondholders stage Tampa protest, seeking their piece of the pie” – St. Petersburg Times

admin — Wed, 13 May 2009 16:42:46 +0000

St. Petersburg Times coverage of our press conference in Tampa

GM bondholders stage Tampa protest, seeking their piece of the pie

By James Thorner

Sears wondered how GM could simply cancel bonds without suffering consequences of other defaulters. “Suppose you miss a couple car payments?” Sears said. “Suppose you don’t pay your IRS taxes?”

“Nervous GM bondholders meet in Tampa” – Tampa Tribune

admin — Wed, 13 May 2009 16:39:48 +0000

Tampa Tribune coverage of Tuesday’s press conference in Tampa

Nervous GM bondholders meet in Tampa

By Lindsay Peterson

“This is patently unfair,” said former state Rep. Sandra Murman, who is working with the 60 Plus Association.

“They’re being denied a voice in a decision that will truly affect them the rest of their lives.”

“Tampa Bay’s GM bond holders feeling left out” – WTSP Connect 10 Tampa

admin — Tue, 12 May 2009 18:59:11 +0000

Jim Martin, President of The 60 Plus Association, and Jim Graves, GM small bondholder from Celebration, FL highlighted in WTSP story….

Tampa Bay’s GM bond holders feeling left out

By Theresa Collington

The groups president Jim Martin told the crowd,”Small bondholders, especially seniors and retirees, should not be shut out of the GM bankruptcy negotiations. They’re part of the company too and deserve the chance to have their voices heard.”

“Middle-income GM investors want voice, rally today in Tampa” – Tampa Tribune

admin — Tue, 12 May 2009 17:07:13 +0000

Tampa Tribune ran a great piece previewing our Tampa rally

Middle-income GM investors want voice, rally today in Tampa

By Lindsay Peterson

Vivian Floyd was a conservative investor. That’s why she bought $100,000 worth of bonds from General Motors six years ago.

Now, at 80, she stands to lose nearly all of it if GM declares bankruptcy – something she never imagined was possible.

Her son, Jim Graves, and others in her predicament will gather in Tampa this morning to protest having been left out of the negotiations concerning GM’s future.

“Middle-class General Motors bondholders get a chance to vent” – St. Petersburg Times

admin — Tue, 12 May 2009 02:34:34 +0000

Preview to Tuesday’s events in St. Petersburg Times with interviews with 60 Plus President Jim Martin, and GM Small Bondholder Jim Graves from Celebration, FL

Middle-class General Motors bondholders get a chance to vent

By Robert Triguax

“We started hearing from seniors, and those soon to be, on the GM and Chrysler bond topic about a month ago,” Martin says. “So we decided to provide a megaphone to those who do not feel they were provided proper attention.”

“Main Street” Bondholders Gather in Tampa and Philadelphia Next Tuesday

admin — Fri, 08 May 2009 16:40:32 +0000

On Tuesday, May 12th, “Main Street” Bondholders from across the country will be gather in Tampa, FL and Philadelphia, PA to voice their concerns about being left out of the GM bankruptcy negotiations.

For more information on the Philadephia event, click here.

For more information on the Tampa event, click here.