George Kaiser's Great Big Green Energy Scam The Wall Street Journal reports that George Kaiser, "a Tulsa oil billionaire who bundled campaign checks for Mr. Obama in 2008," is poised to accomplish one of the great scams of all time. Here is how it works. The "primary investment arm of the George Kaiser Family Foundation" is Argonaut Ventures I LCCC. Argonaut Ventures happens to be the largest shareholder in Solyndra LCC, the California-based solar panel maker that received a $535 million U.S. Energy Department loan guarantee in September 2009 and went bankrupt two years later, laying off nearly 1,000 workers. -- So let us review: George Kaiser was the primary shareholder in Solyndra, which received, spent, and lost a $535 million U.S. government loan. George Kaiser will receive $71 million in proceeds from the sale of Solyndra's assets, and George Kaiser will pay $350 million less in future taxes as a result of inheriting Solyndra's losses. Not a bad return for bundling campaign checks for President Obama. Typical of this Administration's corruption and view that the American taxpayers' purpose is to repay Democrat party donors.