Obama's $535,000,000 Waist Of Tax Payers Money

firstdown · 09-15-2011, 02:27 PM

Sad part was they knew in advance the company would likley fail. Wow, their warning was 100% correct and ignored and this was not the only person ignored.

Solyndra Bankruptcy: Insiders Warned Of Company Collapse Before White House Loan

On August 20, 2009, an Energy Department staffer examining a pending loan to a California clean energy start-up came to a startling conclusion: The company would run out of money by September 2011. The government would, in effect, be placing taxpayers on the hook for a business likely to founder.

09-15-2011, 02:27 PM	#2
firstdown Living Legend Join Date: Oct 2004 Location: chesapeake, va Age: 61 Posts: 15,817	Re: Obama's $535,000,000 Waist Of Tax Payers Money Sad part was they knew in advance the company would likley fail. Wow, their warning was 100% correct and ignored and this was not the only person ignored. Solyndra Bankruptcy: Insiders Warned Of Company Collapse Before White House Loan On August 20, 2009, an Energy Department staffer examining a pending loan to a California clean energy start-up came to a startling conclusion: The company would run out of money by September 2011. The government would, in effect, be placing taxpayers on the hook for a business likely to founder.

Obama's $535,000,000 Waist Of Tax Payers Money

Debating with the enemy