Fisker, an electric car company that received a $529 million loan from the Department of Energy in 2009, has reportedly hired a lawyer to advise on a possible bankruptcy filing and has furloughed its U.S. workforce to preserve cash.
Vice President Gore is reportedly an investor in the company, and its lobbying efforts, covered here earlier, have been led by Harrison Wellford, who in 2008, "advised then Senator Obama on White House organization and strategic planning for the Presidential transition during the pre-election period and served as transition advisor to Michelle Obama and Senator Biden" and by Laura Lovelace, a Goldman Sachs veteran whose bio says that she worked in the Bush administration's Treasury Department in the Office of Economic Policy, where she "worked with the White House, the Department of Energy, and the Department of Commerce on the National Energy Policy Interagency Task Force."