DoE Gets Some Money Out Of Fisker

The U.S. government has managed to recover $21 million in cash from Fisker, funds that will go towards repaying the nearly $200 million its received from the government in the form of loans. Automotive News reports that the funds came from sales and private investment, rather than unused loan money. Reports say that Fisker's emergency fund was tapped to obtain the cash. Fisker's first payment for the loan was due on Monday, though the Department of Energy didn't say whether the funds helped satisfy that requirement. from The Truth About Cars http://www.thetruthaboutcars.com

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