Forget Bain — Obama’s public-equity record is the real scandal Forget Bain — Obama’s public-equity record is the real scandal - The Washington Post Obama helped these companies by gambling with tax payer money. Raser Tecnologies - $33 million and they went bankrupt and owe $1.5 million in back taxes. ECOtality - $126.2 million. They've had $45 million in loses and say they won't be profitable in the future. They are also under investigation for insider trading. NGP - $98.5 million and they are in financial turmoil. First Solar - $3 million and they fell to a record low and fired 30% of their employees. Abound Solar, Inc - $400 million and they aren't doing well. They fired 180 employees. Beacon Power - $43 million and they filed for bankruptcy. SunPower - $1.2 billion and now owe more than they are worth. Don't forget Solyndra - half a billion and they went bankrupt. Obama claimed that all received government backed loans on their merits.