>>11261966 (PB #14386) Fisker Automotive
"If that name, Fisker Automotive, isn’t familiar, perhaps that’s because the company didn’t last long. Having received at least $193 million from Uncle Sam, Fisker declared bankruptcy in 2014 and was bought out by a Chinese company, Wanxiang. (An all-new company, Fisker, Inc., was created in 2016.)"
Huh. If Fiskar Automotive rec'd at least $193 Million from Uncle Sam then that money should show up in the USAspending.gov database unless it was rec'd prior to 2008. Bupkis is in the database using Fisker as the keyword except over $1 Million dollars to Houlihan Lokey for advice on how to restructure loans to them (and others).
Wanxiang - 0 results
Fisker, Inc - 0 results
So how exactly was $193 Million gotten from the government if it isn't in the DB between 2008 and 2020? Hovering over the last line of the Houlihan Transaction History returns this: "Provide DOE with comprehensive advisory support for the restructuring of Beacon Power Corporation, Blue Mountain, Abound and Fisker Automotive Projects, Indiana Project, and US Geothermal, inc, loans".
Moar Digging - Apparently the money was lent to Fiskar thru hussein's $25 Billion dollar Advanced Technologies Vehicle Manufacturing Loan Program.
Back to USAspending.gov and using the ATVMLP as keyword get $110 Million as a total, with the majority going to Value Recovery Holding in Ohio for "Professional management and analytical support for the Loan Programs Office (LPO) in the planning, administration, management and operation of the loan guarantee program and The Advanced Technology Vehicles Manufacturing Loan Program (ATVMLP)…."
Advanced search using ATVMLP as keyword listed ONE loan - to Nissan North America for just under $1.5 Billion Dollars.
It looks an awful lot like an off the books type of loan. S'pose teh fact that the manufacturing plant was located in Delaware and that Sleepy Joe wasn't quite so sleepy back then is a coincidence. And that whole bought out by a Chinese company thing also a coincidence. And the ATVMLP showing a single loan but lotsa consulting/administration money being thrown around - pay no attention.
OP link: https://www.breitbart.com/2020-election/2020/10/24/pinkerton-the-swamp-wants-its-obama-biden-insider-crony-deals-back/
https://www.usaspending.gov/keyword_search/%22Fisker%20Automotive%22
Houlihan contract award where the loan restructuring is mentioned: https://www.usaspending.gov/award/CONT_AWD_DELP0000061_8900_-NONE-_-NONE-
advanced serach on ATVMLP: https://www.usaspending.gov/search/8cfa4658ae742af75af57b610a6092ee
wiki on Fisker: https://archive.vn/hRkul
article on Fisker bankruptcy: https://archive.vn/SY5Qw