The Obama administration said Friday it will lose $139 million on a loan to struggling electric car maker Fisker Automotive Inc. after selling part of the loan to a private investor that immediately took the company into bankruptcy.
Hybrid Technology LLC, the California car marker's new owner, said it plans to keep Fisker operating after it emerges from bankruptcy.
http://trib.com/business/energy/energy-loses-m-on-loan-to-electric-car-maker/article_5024b073-ae8f-58e7-b452-c2edfc72a1fd.html
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