Eric Odom
Liberty News Network
19 June 2012
A123 Systems is the name of the company. Yes, it got “stimulus” money. No, it is not at all going swell.
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Update: DOE Sent Confidential Information to Loan Guarantee Applicant
“The company, which is tied to multiple politically connected green-energy firms, eventually received a $1.4 billion partial loan guarantee from DOE. “[P]lease do not send beyond two of you,” urged DOE adviser Peter O’Rourke in a June 3, 2011, email to representatives from industrial real estate manufacturer Prologis and Bank of America. “[T]his is very important,” O’Rourke added.”
