Aug 9, 2012

Taxpayer-federal stimulus-funded A-123 Green Energy Company Handed To Chinese with U.S. Tech

A 123 Systems, the “green,” federal stimulus-funded lithium ion battery manufacturer, announced atrocious quarterly results today. Most expected that A 123‘s results would be dark red. What was a surprise was the simultaneous announcement that the company had entered into a memorandum of understanding (MOU) with a Chinese industrial group, Wanxiang, that will give the Chinese control of the company

Read more by Lindsay Leveen
http://www.breitbart.com/Big-Government/2012/08/08/Taxpayer-funded-A-123-handed-to-Chinese