Half a Billion for the Worst Car!
“How Fisker got $500 million in government loans for a fuel economy flop
How Fisker got $500 million in government loans for a fuel economy flopWhen Fisker Automotive won heaps of praise from Vice President Joe Biden and a $529 million loan from the U.S. government”
http://jalopnik.com/5851735/how-fisker-got-500-million-in-government-loans-for-a-fuel-economy-flop
From what I understand Fisker was given an initial line of credit for $500 MM but drew only the $193 MM before someone with some sense in Washington cut them off.