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Saturday, January 28, 2012

Obama Administration Gave Electric Car Battery Maker $118 Million Grant, Company Now Bankrupt

 

The latest taxpayer-funded boondoggle to emerge from the Obama Administration’s infamous Energy Department grant and loan program has cost taxpayers $118.5 million, new bankruptcy filings by electric battery maker Ener1 reveal.

Obama Administration Gave Electric Car Battery Maker $118 Million Grant, Company Now Bankrupt
Wynton Hall
Fri, 27 Jan 2012 21:41:46 GMT

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