tells us that the latest failure is Abound Solar Inc. In addition to the $400 million in Department of Energy loan guarantees, Abound received a $9.2 million loan from that New Deal relic, the Export-Import Bank.
That same institution approved $457 in loan guarantees so another solar firm could sell solar panels to itself.
Only in Obama's America.
Technorati tags: congress government banking news Democrats Barack Obama Obama environment green crony capitalism
"I Love Fossil Fuels Shirt"