Stimulus Recipient Abound Solar To File For Bankruptcy

Well, the Stimulus is creating jobs for lawyers and people who handle companies closing down

(Businessweek) Abound Solar Inc., a U.S. solar manufacturer that was awarded a $400 million U.S. loan guarantee, is closing its doors and filing for bankruptcy, according to the U.S. Energy Department.

Abound, based in Loveland, Colorado, borrowed $70 million against the guarantee, the Energy Department said today in a statement.

More taxpayer money down the drain.

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