Sometimes declaring bankruptcy is a good thing.
In the case of Abound Solar Inc., a U.S. solar manufacturer that had American taxpayers on the hook for $400 million, the good thing is they closed the doors after only losing us $70 million in Department of Energy funds.
Chump change, I know, since we have committed $72 billion on alternative energy in the last few years, but $330 million here and $330 million there, and pretty soon we are talking about real money.
