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Politics : Formerly About Advanced Micro Devices

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TideGlider
To: Wharf Rat who wrote (882820)8/27/2015 11:26:21 AM
From: Brumar891 Recommendation  Read Replies (1) of 1578004
 
So these projects can't get financing from venture capitalists but the geniuses in the federal government will only experience a 2% loss rate? Does anyone believe that? No.

the Energy Department has released an estimate of the potential gains for the loan guarantee program, designed to back clean-energy projects when venture capital or financing from banks and other investors is unavailable. The department expects a loss rate of about 2 percent
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