A Little Chicanery at Fisker, With Taxpayer Dollars

Well, several million here, several billion there, who gives a damn?

Fisker Automotive Inc., a maker of luxury plug-in cars, was allowed to keep using money from a U.S. Energy Department loan after violating its terms multiple times, according to a research report.The Energy Department, which gave Fisker a $529 million line of credit in 2009, knew by December 2010 that the carmaker wasn't meeting milestones required to keep drawing taxpayer funds, according to a report by PrivCo,...

...While the Energy Department cut off Fisker's funding in June 2011, after the company drew down about $193 million, the delay allowed additional taxpayer money to be lost, the report said...

Too bad, so sad.  Evil Republicans and Tea Party types, I suppose.