A123 battery maker failed at taxpayer expense to become B456

A123 Systems Inc. took $249,000,000.00 of taxpayer money in a Department of Energy green loan, went bankrupt, was sold to the Chinese Wanxiang Group.

There’s no joke, just sick humor that they changed their name as required by the bankruptcy agreement and chose B456. More of the story here.

How much more taxpayer money will be needed to fail and become C789?

The next number on the keyboard is “0” and that’s what they should get.


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