any idea of links to how much stimulus money obama wasted on this company???
romney was right when he said to obama, “you don’t pick winners and losers- you just pick losers”....its too bad romney was such a loser himself...
http://www.thetruthaboutcars.com/2013/05/electric-car-maker-coda-goes-bankrupt/#more-486918
...Coda had no shortage of money when it started. Coda raised $300 million in equity from backers “including Aeris Capital, Limited Brands Chief Executive Les Wexner, and former U.S. Treasury Secretary Henry Paulson,” Reuters says. Nevertheless, $300 million are not enough to develop a car, let alone a car company.
Coda applied for, but withdrew a request for $334 million in federal loans...