From what i see if you read in depth the August 16th agreement if the company defaults there never has been a SAFETY NET anywhere but that was always a known issue, i do not think the current administration wants another (Solyndra) on their resume as it would spell certian doom.
The knifes edge is approve the total merger with Wanxiang or let the company file for bankruptcy protection, there will be no warm fuzzy feel good deal in a election year.
This stinks from what ever corner you lift up and has the look and feel of some polictical agenda going on and this is just my humble thoughts and hope i am horribly wrong for all here.