I bought GM’s retail bond (RGM) at .33 per share. The face value of the bond is per share at expiration. How much would I get for my bonds if GM goes bankrupt? If for instance, if get 10 cents on the dollar, I’ll still come out on top and double my money, right?

How long will it take in bankruptcy court to find out?

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Who stands to lose the most if the Greek treasury simply went bankrupt? Certainly not the average American taxpayer.
Endre= Last person on Earth who believes the Democrats and Republicans are separate parties.
Thalia: The bonds the Greek government is about to default on are also a loan.

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Ok, first off I don’t know if this is a Conservative or a Liberal idea, but I did vote for McCain and Palin and think that they would make a better team to lead the country then Obama and Biden. Many in my family and I have to include my inlaws and YES!! even my own husband (he’s still the love of my life) think that sometimes my cognitive processes (thinking to those of you who haven’t mastered "BIG" words lol is on the eccentric side. For example, I thought (and still believe this idea) that when California was having the wildfires it should have let them burn out on their own and simply rescue any people in the way of the fires. People then should have been relocated out of California to live in such safer environments as Kansas (where there are few fires) etc. Anyway this is Rebecca thinking out of the box again. The government should simply print up a lot of money and use it to pay off all the bonds. After this, California would have plenty of money left to balance its budget and pay for schools, roads, and maybe even cut taxes. If the Federal Government refuses to print extra money to pay off the bonds (after all the money is only paper lol lol) then an alternative would be to simply default on the bonds issued by California and declare bankruptcy. So what do all of you think? Oh, in the interest of full disclosure, my mind is searching for something to keep busy since I said goodbye to my favorite man on Wednesday and he’s on his way back to Iraq after spending a wonderful two and half weeks at home on Leave. I think he left me with a little bundle of joy that just started growing inside of me and will eventually be an addition to our growing family.

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So how do we pay for them? The Treasury sell bonds to the Federal Reserve-debt monitization. That will lead to devalued dollars. That will result in a dozen eggs valued at , then , the 0 and so on.

Good luck to all, we will need it.

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