{"id":12927,"date":"2009-05-22T01:07:42","date_gmt":"2009-05-22T01:07:42","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/la_times_faith_in_gm_has_hurt_small_investors\/"},"modified":"2009-05-22T01:07:42","modified_gmt":"2009-05-22T01:07:42","slug":"la_times_faith_in_gm_has_hurt_small_investors","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=12927","title":{"rendered":"LA Times&#8211;Faith in GM has hurt small investors"},"content":{"rendered":"<p>Dennis Buchholtz spent a lifetime in the automotive industry, working at companies that supplied parts to America&#8217;s automakers. For more than three decades, he spent his days casting iron dies used to turn sheet metal into fenders, roofs and hoods.<\/p>\n<p>He left the business with no pension and no 401(k) &#8212; only an unshakable faith in the ability of Detroit&#8217;s Big Three to survive even the worst of economic times.<\/p>\n<p>So when he and his wife, Judy, were weighing how to safely invest their retirement savings, they instinctively turned to the industry&#8217;s biggest player, General Motors Corp.<\/p>\n<p><a href=\"http:\/\/www.latimes.com\/business\/la-fi-gm-bondholder21-2009may21,0,7273428.story\">Read the whole thing<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dennis Buchholtz spent a lifetime in the automotive industry, working at companies that supplied parts to America&#8217;s automakers. For more than three decades, he spent his days casting iron dies used to turn sheet metal into fenders, roofs and hoods.<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=12927\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,589,595,149,599,596,598],"tags":[],"class_list":["post-12927","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-corporationscorporate-life","category-credit-markets","category-economy","category-stock-market","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007","category-the-possibility-of-a-bailout-for-the-u-s-auto-industry"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12927"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/12927\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}