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DOE seizes $21 million from Fisker

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Fisker Automotive missed a payment on its loan from the Department of Energy on Monday, but the DOE said yesterday it seized $21 million from the company’s account 12 days ago in anticipation of a default. “Given the obvious difficulties the company is facing, we are taking strong and appropriate action on behalf of taxpayers,” the Energy Department said in a statement, according to...

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