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Forum nameGeneral Discussion
Topic subjectI know people who had restricted stock in GM when it went bankrupt
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13434774&mesg_id=13434783
13434783, I know people who had restricted stock in GM when it went bankrupt
Posted by shockvalue, Tue Jun-08-21 02:52 PM
If you started at General Motors in in 2005, you'd be in no position to expect that in 2009 (when your vesting ended) the shares would be worth nothing.

So yeah, it's a crapshoot, even with some blue chip companies.