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View Full Version : Hank Paulson Joins Electric Car Startup




emazur
07-30-2009, 07:42 PM
http://www.greencarreports.com/blog/1022714_electric-car-startup-coda-gets-more-cash-plus-hank-paulson-as-advisor

What appealed to former Goldman Sachs banker Paulson so much that he not only joined the advisory board, but invested in Coda Automotive himself?

"Coda's non-capital intensive business model and globally collaborative partnership strategy persuaded me to join the advisory board," said Paulson. "Coda Automotive's approach will enable them to release the Coda electric sedan next year."

__27__
07-30-2009, 07:44 PM
Yeah, couldn't have been the fact that the government is handing them the market share through force, eh?

The guys from Goldman Sachs are many things, dumb is not one of them.

Bossobass
07-30-2009, 08:47 PM
How much will we hand them in grants when Cap and Trade passes?

Bosso