Posted 3/7/2009 12:35 (#634808 - in reply to #634588) Subject: RE: What happens to my GM stock???
Elmira, Ontario
easy - 3/7/2009 07:56 Look on the bright side. Shareholders are not responsible for the debt.
Actually, they are. Up to the value of the share.
Of course, you are referring to "unlimited liability" which would mean the shareholders would be responsible over and above the value of the shares. That would be rather scary.
What happens to my GM stock???
