Tag Archives: chapter 11 bankruptcy

A Big Ethanol Casualty: VeraSun (VSE) Preparing To File Chapter 11 Bankruptcy

I  first wrote about the absurdity of ethanol in an article a couple years ago at Self Investors titled “Unintended Consequences of the Ethanol Boom“, highlighting food inflation, environmental destruction and the disgusting politicking surrounding it.  With a surge of companies all attempting to cash in on ethanol with IPOs, it was just a matter of  time before a few of them went belly up.  One of the largest ethanol producers around, VeraSun Read the rest