Chinese get Fisker; taxpayers get fucked; thanks, Obama

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China’s Wanxiang Group won an auction for the assets of Fisker Automotive Holdings Inc., the bankrupt maker of luxury plug-in hybrid cars.


Fisker sought creditor protection in November after defaulting on a loan from the U.S. government without making a payment.


The company had drawn about $192 million from a federal program.


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http://www.bloomberg.com/news/2014-02-14/wanxiang-s-149-million-fisker-bid-tops-hybrid-tech-in-auction.html
 
Most corrupt administration of all time. Makes Lincoln look like an amateur. But Lincoln still has the record for pointlessly dead Americans.
 
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