Obama Mentions An Energy Company In His SOTU Speech And It Goes Bankrupt Instantly

Andrew Restuccia of The Hill is reporting that Ener1, a battery company that President Obama referenced in his State of The Union Speech on Tuesday as an example of successful energy investments, has just filed for chapter 11 bankruptcy. That's just two days after the speech.

Read more: http://www.businessinsider.com/the-next-solyndra-…

2 Comments
 

Biden refered to this comapny as ENRON1 seems so ironic lol.

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