Another ObamaFunded Solar Company Goes Belly Up xexx Blew  Million in Stimulus CashnPosted by Jim Hoft on Tuesday February    PMn n nnLast Year Energy Conversion Devices moved  jobs from Michigan to Mexico to save moneynnThis week the Obamafunded solar company went belly upnEnergy Conversion Devices managed to blow  million in secured loans before filing for bankruptcynReuters reportednn    Lightweight solar product maker Energy Conversion Devices Inc filed for bankruptcy protection on Tuesday the latest in a string of solar companies that have collapsed in an industry shakeoutnn    The company whose filing follows years of losses and months of public discussions with bondholders said it would sell its United Solar Ovonic unit and other assets in bankruptcynn    Energy Conversion whose solar laminate products are used for panels on rooftops and buildings said it would continue to operate during the sale processnnOf coursexexxa Democrats praised the company as one of his solar success stories before they tankednnhttpwwwthegatewaypunditcomanotherobamafundedsolarcompanygoesbellyupblewmillioninstimuluscash