I just had to take a big WOW, step back.
4.5 BILLION .....LOAN.
Why would a profitable company take a gov’t loan ?
Most of the DOE grants and loans are for R & D.
This stinks of State Capitalism.
Why? Because they can!
Ha. This is swine flu scare, British Petroleum Louisana payoff, and Florida bullet train that never got built. Heh.
The real issue are the payoffs. Who got paid and when was the deal made? Wall street made a deal. The banks were cut out of the loan, but given inside info so they could manipulate the stock and buy in when the market was artificially low. Then of course, the unions get to build the thing, money is donated back to Obama AND his friends. Everybody is happy.