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Post-bankruptcy ‘green’ rebranding at its finest

By Doug Powers  •  March 29, 2013 01:11 PM

**Written by Doug Powers

In October of last year, Michelle wrote the following about one of the Energy Department’s pet “green” money pits: “A123 should be renamed B123 — “B” for bankruptcy.”

As Maxwell Smart used to say, “missed it by that much”:

After bankruptcy, a buyout by a Chinese firm, and more than a hundred million dollars in taxpayer money, the lithium-ion battery maker A123 Systems, Inc., is getting a new name: B456 Systems, Inc.

A123, which produces batteries used in electric cars, has changed its name to B456, the company announced Thursday in a regulatory filing.

I think I’ll incorporate as C789 and D101112 just to throw a wrench in their plans to emerge from subsequent bankruptcies.

More at Twitchy.

Michigan Sen. Debbie Stabenow, above left, pictured announcing A123’s goal of creating 10,000 taxpayer supported jobs by the time the company is called H222324

**Written by Doug Powers

Twitter @ThePowersThatBe

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