Fisker files for Bankruptcy, hopes selling company will restart Karma sales

The writing has been on the walls for awhile, but now the scrawlings read true: Fisker Automotive has filed for Chapter 11 bankruptcy. For almost a year, the company's been sliding down a slope of financial ruin. Production was halted, workers were furloughed, then laid off and the Department of Energy even seized $21 million from the company after becoming concerned it wouldn't be able to pay of its $192 million federal loan. The bankruptcy filing will help facilitate the company's sale to Hybr...