DETROIT, April 12 (UPI) -- U.S. officials are working with General Motors Corp. on a "surgical" bankruptcy filing if GM is unable to reorganize before a June deadline, sources said.
Citing people who have been briefed on the matter, The New York Times reported Sunday that members of President Barack Obama's automotive task force met last week, and plan to continue meeting this week, with GM officials and advisers to prepare for a possible bankruptcy filing by June 1.