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Author: colleran Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 18427  
Subject: Re: A123 battery bankrupt Date: 10/16/2012 9:19 PM
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As the Obama Administration has said, they knew that they were making risky investments. In the case of A123, it is worth noting that Johnson Controls is picking up their auto battery plants as well as the intellectual property behind them. The plants will continue to produce batteries. You could make a case that the money that went to A123 will help Johnson get a bigger foothold in advanced batteries. I think the jury is still out.
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