news bulletin – answers

GM running out of time

questions

1. What is GM running out of? time
2. What is looming? the deadline
3. What is their deadline for restructuring their debt? June 1st
4. Who imposed this? the government
5. How can steps taken now help GM? by making the process less painful
6. Why are GM unlikely to file early? because there are other outside issues (other parties) involved
7. What is expected to happen today and tomorrow? the new contract will be ratified
8. When will the votes be counted? some time on Friday
9. What will help GM to have a better experience in the bankruptcy court? settling with as many parties as they can
10. Who will own most of GM after the bankruptcy? the government