Obama-backed car battery maker goes bankrupt
Since so therefore, the companys implosion and revelations to the administration hurried a analysis of the finance into period on behalf of a 2009 revolutionary has befit an embarrassment on behalf of President Obama and a rallying cry on behalf of GOP critics of the administrations verdant energy instruct. duty dollars patronage around risky energy projectsVideo: Romney calls Obama a venture capitalist with SolyndraSolyndra docs: Politics infused energy programs The chairman of a domicile subcommittee so as to is investigating Solyndra thought the most recent insolvency showed so as to the administrations clean energy line up has futile. Unfortunately, you can at this instant add Ener1 to the growing tilt of unsuccessful companies so as to went abdomen up similar to hundreds of millions of dollars modish administration financial assistance, alleged courier. precipice Stearns, R-Fla. single economic failure possibly will occur a coincidence, two possibly will occur coincidence, but three is a trend, Stearns held. Our investigation continues, and we are working to ensure taxpayers are in no way again puzzled paying hundreds of millions of dollars for the reason that of the administrations risky bets.