Monday, November 25, 2013

About that failed Fisker loan costing U.S. taxpayer $130+ million? Scratch that. It might be way more. « Hot Air

About that failed Fisker loan costing U.S. taxpayer $130+ million? Scratch that. It might be way more. « Hot Air: "According to its bankruptcy filing on Friday, Fisker owns tax breaks worth $320 million.

Fisker’s bankruptcy papers said the Southern California-based company plans to sell its automotive operations to a business affiliated with Hong Kong tycoon Richard Li, but it will hold on to the tax breaks after it emerges from bankruptcy."

'via Blog this'

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