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Old 04-25-2009, 08:38 PM   #3
oldtransam
 
Drives: Some old Firechickens
Join Date: Jan 2009
Location: Out in the Garage
Posts: 43
I suspect it was a fiducial responsibility for the company to do that. Knowing what's probably coming, the avg $1.90 they sold the shares for is better than near zero. Feel bad for many of those employees who had most of their retirement savings in GM stock.
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