'Main Street' Bondholders Come to Capitol Hill

* Reuters is not responsible for the content in this press release.

Mon May 18, 2009 11:26am EDT

Group Squeezed Out of GM Bankruptcy Negotiations Attends Congressional
Meetings & Pushes for an Auto Task Force Meeting

WASHINGTON, May 18 /PRNewswire-USNewswire/ -- GM "Main Street" bondholders
will be joined by the New Democratic Network's Michael Moynihan at a press
conference Thursday, 9:15 a.m., May 21st, to discuss their interest in a fair
and equitable solution and to highlight their Congressional meetings on
Capitol Hill.  The 60 Plus Association launched a "Main Street" bondholders
coalition after receiving hundreds of emails and phone calls from supporters
concerned about their investments in GM.  Following recent gatherings of
hundreds of small bondholders in Warren, MI, Philadelphia, PA, and Tampa, FL,
the Main Street Bondholders gather to discuss the nationwide impact of this
bankruptcy issue.  About a quarter of all GM bondholders are average American
citizens, that invested in Fortune 500 Company, GM, to setup their future
financial plans, which included settling into retirement, medical expenses,
small businesses, and providing for their children's college fund.  

WHAT:
"Main Street" Bondholder Press Conference 
*Breakfast will be served*

WHO: 
Jim Martin, President, The 60 Plus Association

Michael Moynihan, Director of New Democratic Network's Green Project

Chris Crowe, GM Bondholder, Retired Electrician from Denver, Colorado

Dennis Buchholtz, GM Bondholder, Retired Trade Worker from Warren, Michigan

Jim and Catherine Graves, GM Bondholders, Retired GM Employees from
Celebration, Florida

Vivian Floyd, GM Bondholder, Retiree from Celebration, Florida

Gary Thomas, GM Bondholder, Retired Auto Mechanic from Knoxville, Tennessee

Mark Modica, GM Bondholder, Business Manager at a Saturn Car Facility from
Chalfonte, Pennsylvania

James Modica, GM Bondholder Retired Employee Benefits Plan Advisor from Long
Island, New York

John Weller, GM Bondholder, Retired Electronic Connector Business Manager from
Gwynedd Valley, Pennsylvania

Hal John, GM Bondholder, Security Consulting Firm Owner from Chesterfield,
Missouri

Ted and Elaine Dobski, GM Bondholder, Retired GM Employee from Beverly Hills,
Michigan

John and Joy Linville, GM Bondholders, Retired Professional Pilot from Kansas
City, Missouri

Gene Myers, GM Bondholder, Retired Industrial Engineer from Sunrise, Arizona

Patricia Daugherty, GM Bondholder, Retired Auto Auction Manager from
Manzanita, Oregon

Robert Mitchell, GM Bondholders, Retired Sales Manager from New Orleans,
Louisiana

Jim Dillahunty, GM Bondholder, Retired Bond Trader from San Marcos, California

Bill Nast, GM Bondholder, Semi-Retired Attorney from Harrisburg, Pennsylvania

Bill Zastrow, GM Bondholder, Owner of software company from Charlton,
Massachusetts

Kenton Boettcher, GM Bondholder, Real Estate Consultant from Lake Forest,
California

Richard and Willa Woodard, GM Bondholder Retired Postmaster from Georgetown,
Texas

Joan Pryor, GM Bondholder, Retired Antique Dealer from Essex, Connecticut

WHEN:
Thursday, May 21 at 9:15 a.m.

WHERE:
National Press Club, Fourth Estate Room
529 14th Street, NW 
13th Floor 
Washington, DC 20045

HOW: 
Please send your RSVP to media@mainstreetbondholders.com

For more information on the Main Street Bondholders, visit: 
http://www.mainstreetbondholders.com/.



SOURCE  60 Plus

Sarah Jackson, +1-202-527-0733, for 60 Plus
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.