FLASHBACK 2010: Obama Praises Now Bankrupt A123 As ‘Success Story’ Electric car battery maker and recipient of a $249M federal grant filed for bankruptcy Tuesday Follow @FreeBeacon BY: Washington Free Beacon StaffOctober 16, 2012 1:52 pm This entry was posted in Obama Administration, Video and tagged A123 Systems, Barack Obama. Bookmark the permalink. Follow @FreeBeacon