GM senior preferred stock holders, any news? Are we totally finished off?

[CTyankee]

I heard somewhere that our preferred stock was something being bid upon in the market and I don't quite understand how that is.

Any info?

[notesdev]

1. Let's put it this way

you should be able to see a crankshaft, a couple of axles, and have an up-close view of the tires.

[trof]

2. No news. None.

I sent my Schwab rep an email asking that question a few weeks ago.
No answer.
feh