Another Taxpayer-funded bankruptcy: A123 goes 3-2-1-zero; $250 million in federal loan money and jobs -- gone

A123 Systems files for bankruptcy: Here's what you need to know
Washington Post
Big news for those who like political spats over energy policy: A123 Systems, an electric-car-battery manufacturer that received $250 million in federal loan guarantees as part of the stimulus bill, filed for Chapter 11 bankruptcy protection Tuesday ...

Taxpayer-funded A123 goes 3-2-1-zero
Washington Times
Or like A123 Systems Inc. (AONE), which filed for bankruptcy protection yesterday after failing to repay an undisclosed amount of indebtedness.

Instead of government funding, let the private sector decide


Sponsored Links


Recent Additions