- Banned
- #1
First the collectors of the energy....(Solyndra) now strike three, the storage of said energy goes bankrupt! The high efficiency battery plant endorsed by the white house goes bankrupt. Thank you Obama for your stimulus.
"Unfortunately, you can now add Ener1 to the growing list of failed companies that went belly up after hundreds of millions of dollars in administration backing," said Rep. Cliff Stearns, R-Fla.
"One bankruptcy may be a fluke, two could be coincidence, but three is a trend," Stearns said. "Our investigation continues, and we are working to ensure taxpayers are never again stuck paying hundreds of millions of dollars because of the administration's risky bets."
Parent of Obama-backed battery maker goes bankrupt