Fisker Automotive has laid off most of its employees, a sign of impending doom for a company some called Solyndra on wheels, with good reason. Fisker got a federal Advanced Vehicle Technology Loan of $529 million, about the same amount Solyndra received before laying off its employees and going bankrupt. The $529 million came…
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On December 21, U.S. President Barack Obama issued an executive order giving all federal workers except the U.S. Postal Service a holiday on December 24. The Los Angeles Times estimated the cost of the shutdown at $100 million and noted that in addition to Christmas Eve, federal employees got, count ’em, 10 paid holidays…
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