Ethanol, we hardly knew ye

Posted By Blake Hounshell Wednesday, October 22, 2008 - 8:59 AM Share

The Financial Times reports:

Six of the biggest publicly traded US ethanol producers have lost more than $8.7bn in market value since the peak of the boom in mid-2006 and the beginning of this month, according to an analysis by the Financial Times.

Among the biggest losers? Bill Gates, who has invested big bucks in ethanol.

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