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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (19753)9/25/2009 10:37:49 AM
From: PROLIFE  Respond to of 103300
 
Gore-Backed Car Firm Gets Large U.S. Loan

WASHINGTON -- A tiny car company backed by former Vice President Al Gore has just gotten a $529 million U.S. government loan to help build a hybrid sports car in Finland that will sell for about $89,000.

The award this week to California startup Fisker Automotive Inc. follows a $465 million government loan to Tesla Motors Inc., purveyors of a $109,000 British-built electric Roadster. Tesla, like Fisker, is a California startup focusing on high-end hybrids, with a number of celebrity endorsements that is backed by investors that have contributed to Democratic campaigns

online.wsj.com