ShoreBank Crony Manages to Lose $5 Million for ISAC in Green Car Venture
Crains Chicago Business
20 September 2012
One Comment
The state agency managing the College Illinois prepaid tuition program expects to lose more than half its $10 million investment in luxury hybrid-car startup Fisker Automotive.
The Illinois Student Assistance Commission, which runs the $1.1 billion fund backing the college savings plan used by more than 30,000 Illinois families, disclosed the bad news at its Sept. 14 meeting, spokesman John Samuels said.
Did Alexi get a new job or something?
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