Another Obama backed solar company Energy Conversion Devices, goes bankrupt after getting $13.3 million in tax credits
Another Obama/Democrat backed solar company bites the dust. A solar company called Energy Conversion Devices, which last year moved 140 American jobs from Michigan to Mexico has gone bankrupt. It’s not easy being green. But it’s easy getting tax payer green from the corrupt Obama regime. Reuters describes this company as “lightweight.” But any company that gets $13.3 million in tax credit doesn’t seem “lightweight” to me.
Oh and BTW, the Marxist Democrat praised Energy Conversion Devices as a part of Obama’s porkulus bill too.