‘Surgical’ Bankruptcy Possible for G.M. (New York Times)
New York Times:
‘Surgical’ Bankruptcy Possible for G.M. — By MICHELINE MAYNARD and MICHAEL J. de la MERCED — DETROIT — The Treasury Department is directing General Motors to lay the groundwork for a bankruptcy filing by a June 1 deadline, despite G.M.’s public contention that it could still reorganize outside court …
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