'Your papers, please' must never be heard in America

An American company that lost out in its bid for the assets of a failed, federally backed battery maker is appealing a judge's decision last week selling the company to a Chinese competitor.

The bankruptcy filing Tuesday by a startup electric-car battery company that received hundreds of millions of dollars of economic-stimulus funds from the Obama administration is the latest sign that the president's high hopes to spur a clean-energy economy is in big trouble.