Benzinga's Political Round Up, October 31, 2011

By Jonathan Chen
Benzinga Staff Writer
October 31, 2011 11:52 AM

Symbols: AIG, BCON

Beacon Power (NASDAQ: BCON), which received a $43 million loan guarantee from the Department of Energy, filed for bankruptcy yesterday. This is the second bankruptcy filing for a company that had a government-guaranteed loan, including the much maligned Solyndra.

Due to poor market conditions, the Treasury may put off selling more of its 77% stake in AIG (NYSE: AIG) when the opportunity next arises.

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Benzinga's Political Round Up, October 31, 2011

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