1. But it is clear that the remaining managers face grim circumstances, not the least of which is an April 22 deadline to repay a portion of a $193 million low-interest loan from the United States Department of Energy. Although Fisker was granted a $528.7 million loan in late 2009, that money was frozen after Fisker fell short of its production targets.

    — Yet another Solyndra debacle to be paid for by U.S. taxpayers. Fisker Automotive Lays Off Majority of Employees - NYTimes.com

Notes

  1. casuist posted this