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Battery Maker That Received $249 Million From Obama Administration…

A123 Systems, the company that builds the batteries for the Fisker Karma and for the upcoming Chevy Spark EV, has filed for Chapter 11 Bankruptcy Protection, according to court documents. This is a major blow for the Obama administration, which has invested heavily in green energy with other companies like Solyndra… » 10/16/12 9:15am 10/16/12 9:15am