Don't know if this has been posted elsewhere already, but here is the link to the article by The Register.
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We already have two threads discussing this:-
http://visforvoltage.org/forum/13140-a123-bankrupt-025-billion-loss-more-ammo-romney
http://visforvoltage.org/forum/13139-a123-waltham-ma -- In this thread I posted links to a long list of articles I've written this year detailing issues at A123 and Fisker
The question re: "Chinese Rescue" is whether it is better for a Chinese owned company to gain control of A123's technology, or whether it's better for an American owned company to do so?
- David Herron, The Long Tail Pipe, davidherron.com, 7gen.com, What is Reiki
Maybe now we can have some A123 with good price!!!!