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  2. How to write off worthless stock and get a tax break - AOL

    www.aol.com/finance/write-off-worthless-stock...

    The stock goes to zero or very close, and you’re unable to sell your position to anyone. The company goes bankrupt, but its stock remains in your brokerage account for some reason, and it’s ...

  3. Stock clearance - Wikipedia

    en.wikipedia.org/wiki/Stock_clearance

    Stock clearance. is an activity by a company where ownership of products and materials moves on to another legal entity. These products and materials in stock clearance will not form the basis of a company's key activities. As such, they are often end-of-line, surplus, returned, or bankrupt. A company will often pursue a non-profit-making ...

  4. General Motors Chapter 11 reorganization - Wikipedia

    en.wikipedia.org/wiki/General_Motors_Chapter_11...

    General Motors Chapter 11 reorganization. The 2009 General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The United States government-endorsed ...

  5. How to deduct stock losses from your taxes - AOL

    www.aol.com/finance/deduct-stock-losses-taxes...

    Federal tax brackets run from 10 percent to 37 percent. So a $3,000 loss on stocks could save you as much as $1,110 at the high end (37 percent * $3,000) or as little as $300 if you’re in the ...

  6. ImClone stock trading case - Wikipedia

    en.wikipedia.org/wiki/ImClone_stock_trading_case

    ImClone stock trading case. A U.S. Securities and Exchange Commission and U.S. Attorney probe into trading in the shares of ImClone Systems resulted in a widely publicized criminal case, which resulted in prison terms for businesswoman and television personality Martha Stewart, ImClone CEO Samuel D. Waksal, and Stewart's broker at Merrill Lynch ...

  7. What Happens to the Stock of a Company That Goes Bankrupt? - AOL

    www.aol.com/happens-stock-company-goes-bankrupt...

    With Chapter 11 bankruptcy, the company is asking for a chance to reorganize and recover. If it survives, your shares might remain active if the company decides to let them continue trading. But ...

  8. List of stock market crashes and bear markets - Wikipedia

    en.wikipedia.org/wiki/List_of_stock_market...

    August 2011 stock markets fall: 1 Aug 2011 USA: S&P 500 entered a short-lived bear market between 2 May 2011 (intraday high: 1,370.58) and 4 October 2011 (intraday low: 1,074.77), a decline of 21.58%. The stock market rebounded thereafter and ended the year flat. 2015–16 Chinese stock market crash: 12 Jun 2015 China

  9. Can Bankrupt Stocks Make You Rich? - AOL

    www.aol.com/2011/11/09/can-bankrupt-stocks-make...

    Most of the time, a bankruptcy filing is the kiss of death for shareholders. Every once in a while, going through bankruptcy actually helps stock investors -- and the rewards can prove very lucrative.