PAY YOUR TAXES WITH AN IOU!
http://benbittrolff.blogspot.com/2009/07/pay-your-taxes-with-iou.htmlDo you know where your 401k is????????????????:
Government Motors Press Release 7-1-2009
GM Statement re: GM stock price and volume
GM management has noticed the continuing high trading volume in GM’s common stock at prices in excess of $1. GM management continues to remind investors of its strong belief that there will be no value for the common stockholders in the bankruptcy liquidation process, even under the most optimistic of scenarios. Stockholders of a company in chapter 11 generally receive value only if all claims of the company’s secured and unsecured creditors are fully satisfied. In this case, GM management strongly believes all such claims will not be fully satisfied, leading to its conclusion that GM common stock will have no value.
AND NOW FOR SOMETHING COMPLETELY DIFFERENT...and serious
Dear Will,
After observing the complete lack of enforcement activity by traditional regulators such as the SEC and FINRA, in a time when even regulatory insiders have notified us about a culture of utter and incomprehensible complacency, Zero Hedge has recently initiated a "whistleblower" program in which we appeal directly to industry insiders.
http://www.zerohedge.com/node/988
Having received hundreds of unsolicited emails from people embedded deep in the various layers of the capital markets and financial advisory services, we have decided to proactively appeal to the conscience of all those who see wrongdoing unfold before their eyes, yet are powerless to do anything for fear of retaliation.
We will henceforth provide an anonymous venue where we will compile, filter and distribute actionable data to appropriate forums such as FBI branch offices, regional Attorney Generals, the U.S. Senate Permanent Subcommittee on Investigations, and the offices of Alan Grayson, Tom Harkin and Brad Sherman. We may also publicly disclose conclusive data via Zero Hedge and other media outlets.
In an attempt to proceed with this venture unhindered, Zero Hedge has now moved both its server and ISP offshore, where the chance of malicious intervention is substantially mitigated.
As this grassroots campaign can only succeed if the general population is aware of its existence, we appeal to readers everywhere to spread the word. If our appointed officials and their crony organizations will not protect the "little" investor, it is our responsibility to uncover dishonest, illicit and illegal acts (and in the process remove those whom we have voted into power, who refuse to do the right thing).
Tyler Durden
Zero Hedge
