Motors Liquidation derivatives showed up in my account today. One for every thousand dollars in GM bonds I had. No value, though. Anybody have any more info?
On june 12th TRANSFERABLE trust units were issuled to replace the escrow holdings that we had. One for every $1000 of debt and accured interest. There should be a market for these units and hopefully we can sell them if we need to.
Mine show a value of $13.50 each.