Fisker’s Government Loan Is Being Auctioned

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The Department of Energy gave bankrupt electric car company Fisker $192 million to build their cars and a factory.  The Energy Department will look at bids today to sell off the remainder of the loan to Fisker.  Bidders have offered at least $30 million with 10% down, according to Reuters.  Fisker was worth $2 billion at one point.

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