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To: fightinJAG

How much is this Fisker guy worth? He doesn’t want to risk his own money on this venture I guess.


21 posted on 10/21/2011 11:05:02 AM PDT by GeronL (The Right to Life came before the Right to Happiness)
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To: GeronL

He doesn’t sound poor (or po).

I’m going to do some more nosing around when I get the chance.

Besides, Al Gore is one of the major investors in the company, too!

So this is lining Al Gore’s pockets as well. Because, IIRC, like Solyndra, this loan is structured so that the venture capitalists (Al Gore) get paid before the taxpayers if — imagine that! — something goes wrong.


22 posted on 10/21/2011 11:13:11 AM PDT by fightinJAG (NO REPRESENTATION WITHOUT TAXATION! Everyone should pay taxes, everyone should pay the same rate.)
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