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jbsliverer

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jbsliverer

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Re: bob41 post# 13244

Tuesday, 10/16/2012 1:35:49 PM

Tuesday, October 16, 2012 1:35:49 PM

Post# of 48184
What's a few hundred million here or there?


Battery Maker A123 Files for Chapter 11 Protection

Electric-car-battery manufacturer A123 Systems Inc., AONE -75.04% the recipient of nearly $250 million in government grants, filed for Chapter 11 bankruptcy protection Tuesday....

.....In a bid to jumpstart the electric-car-battery industry, the U.S. government has provided more than $1.2 billion to battery makers in the past three years. But the industry has been slow to take off. Another battery maker, Ener1 Inc., which also received a government grant, filed for Chapter 11 protection earlier this year.

full story
http://online.wsj.com/article/SB10000872396390443854204578060433271656440.html

DON'T FEED THE CLOWNS


THE REAL DTCC DISCUSSION
http://investorshub.advfn.com/boards/board.

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