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Post-bankruptcy ‘green’ rebranding at its finest

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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.

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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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