THE WASHINGTON TIMES
Articles by THE WASHINGTON TIMES
Editorial cartoon, June 13
Editorial cartoon, June 13 Published June 15, 2009
THE BONDHOLDERS
Eight vignettes of GM bondholders Published June 15, 2009
THE BONDHOLDERS: David Tuckerman
Six years ago, when his adviser invested $20,000 in GM bonds, David Tuckerman's retirement savings were worth $260,000, he said. His investments are now worth $90,000, hurt by the declining market and bad investments, including his GM bonds. Published June 15, 2009
THE BONDHOLDERS: William Nast
Three years ago, William Nast bought GM bonds to fund his retirement and to "generate wealth" — as investment advisers like to say — so that he could pass on money to his five children. Now those lofty words look empty. Published June 15, 2009
THE BONDHOLDERS: Bill Zastrow
Bill Zastrow has more than 30 years' experience investing in bonds and purchased $240,000 of GM's debt before they were declared "junk" bonds by Wall Street ratings agencies. He went in with his eyes open, he said. He thought he was limiting his risk by investing in bonds instead of stocks. Published June 15, 2009
THE BONDHOLDERS: Jim Modica
Jim Modica feels guilty. In March 2006, he persuaded his brother, Mark, and two of his four sons to buy GM bonds. Published June 15, 2009
THE BONDHOLDERS: Joan Pryor
Six years ago, Joan Pryor and her husband bought GM bonds for their retirement. Neither had a pension, and they felt they needed more retirement income than Social Security could provide. Published June 15, 2009
THE BONDHOLDERS: James Graves
Jim Graves was one of the many GM bondholders listening to a conference call in May about the impending bankruptcy. He was also one of many participants who ended the call in confusion. Published June 15, 2009
THE BONDHOLDERS: David Talbot
David Talbot's grandfather bought GM bonds for him when he was 4 years old. The bonds were supposed to mature at $20,000 in 2012, and Mr. Talbot hoped to pay off his college loans with the proceeds. But Mr. Talbot said he's "pretty grumpy" about the prospects of making any profit. He said he would be lucky to get back the principal investment of $5,000. Published June 15, 2009
Editorial cartoon, June 12
Editorial cartoon, June 12 Published June 12, 2009
Editorial cartoon, June 11
Editorial cartoon, June 11 Published June 11, 2009
Editorial cartoon, June 10
Editorial cartoon, June 10 Published June 10, 2009
Editorial cartoon, June 9
Editorial cartoon, June 9 Published June 9, 2009
Editorial cartoon, June 8
Editorial cartoon, June 8 Published June 8, 2009
Editorial cartoon, June 7
Editorial cartoon, June 7 Published June 8, 2009
Editorial cartoon, June 6
Editorial cartoon, June 6 Published June 8, 2009
Summer Bird wins Belmont
This was a Belmont for the Birds. It was Summer Bird, not Mine That Bird and jockey Calvin Borel, who came roaring down the long stretch and won the final jewel of the Triple Crown on Saturday. Published June 7, 2009
Editorial cartoon, June 5
Editorial cartoon, June 5 Published June 5, 2009
Editorial cartoon, June 4
Editorial cartoon, June 4 Published June 4, 2009
Editorial cartoon, June 3
Editorial cartoon, June 3 Published June 3, 2009