Another Obama Business Assist Going Bankrupt

Another alternate energy source manufacturer, which received a boost from the Obama administration, is going bankrupt.  Abound Solar, a Colorado-based solar panel maker, will file for bankruptcy.  Abound Solar received a $400 million loan guarantee from the Energy Department, which later froze its credit line at $70 million.  Abound joins Solyndra and Beacon Power as energy firms, which have gone bankrupt, after receiving money from the Obama administration.  The bankruptcy filing will place 125 people out of work. 

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