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Wednesday, October 17, 2012

Bankruptcy court update: Taxpayers to recover a grand total of $0 from Solyndra

Stimulus money hole news du jour.

Solyndra managed to hang on just long enough to re-arrange things so investers (some who just happened to be White House visitors) got to jump ahead of taxpayers in the line to recover some money in the inevitable event of a bankruptcy.

Yesterday's stimulus money hole news: Electric Car Battery Maker A123 Systems Files for Bankruptcy.

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