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'Main Street' Bondholders Come to Capitol Hill

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 inWarren, MI,Philadelphia, PA, andTampa, 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 fromDenver, Colorado

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

Jim and Catherine Graves, GM Bondholders, Retired GM Employees fromCelebration, Florida

Vivian Floyd, GM Bondholder, Retiree fromCelebration, Florida

Gary Thomas, GM Bondholder, Retired Auto Mechanic fromKnoxville, 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 fromGwynedd Valley, Pennsylvania

Hal John, GM Bondholder, Security Consulting Firm Owner fromChesterfield, Missouri

Ted and Elaine Dobski, GM Bondholder, Retired GM Employee fromBeverly Hills, Michigan

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

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

Patricia Daugherty, GM Bondholder, Retired Auto Auction Manager fromManzanita, Oregon

Robert Mitchell, GM Bondholders, Retired Sales Manager fromNew Orleans, Louisiana

Jim Dillahunty, GM Bondholder, Retired Bond Trader fromSan Marcos, California

Bill Nast, GM Bondholder, Semi-Retired Attorney fromHarrisburg, Pennsylvania

Bill Zastrow, GM Bondholder, Owner of software company fromCharlton, Massachusetts

Kenton Boettcher, GM Bondholder, Real Estate Consultant fromLake Forest, California

Richard and Willa Woodard, GM Bondholder Retired Postmaster fromGeorgetown, Texas

Joan Pryor, GM Bondholder, Retired Antique Dealer fromEssex, 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