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Detailed text transcripts for TV channel - FOXNEWS - 20130426:15:16:00

Now one of its big investments, fisker automotive is on the verge of bankruptcy despite hundreds of millions of dollars beings your tax dollars, loaned to it by uncle sam. some in washington are now calling fisker the solyndra of the car world. so what happened? joseph white is a car guy through-and-through, a senior editor for the wall street journal, writes the highs on the road column for the journal and knows an awful lot about the electric car industry. $529million i think that was the original federal loan to fisker. how much of it have taxpayers lost, do we know? not even thaoeur lee clear. of it could be as much as 190, or $192 million. the government took about $20 million from fisker just in the last week or so. so could be somewhere around $170 million, although it s important to note that at least officially and formally the company hasn t as far as i know yet filed for pre structuring or bankruptcy and so could ....

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