Solyndra destroys millions of dollars of parts

[daveman]

Did Obama know this was going to happen?

Or is it only the company involved?

The White House was told that Solyndra's business model was fatally flawed and had no chance of success.

White House Warned in 2009 That Solyndra Was Poor Investment « JONATHAN TURLEY

But the SCOAMF (Stuttering Clusterfuck Of A Miserable Failure) decided that didn't matter -- there were campaign donors to pay back with tax dollars.

Solyndra Execs and Shareholders made Huge Donations to the Obama Campaign Almanac Online - Town Square Topic

But you just keep mindlessly defending the Incompetent-in-Chief. Moron.

 

[Quantum Windbag]

To think they still owe money on those too

Yep, the company that made them can't even get them back and resell them.

Umm might be patent or contractual issues.
Private corporate stuff I am sure.

Nope. They argued that it cost to much to store it, and that no one could be found to buy it. The first might be true, but CBS 5 found a couple of people that would have been willing to buy it. Another point that CBS 5 found was that they had not paid the company that manufactured them, and that they did not contact the company to see if they wanted them back before they destroyed them. That essentially means they were destroying the property of another company.

Good thinking though.

 

[The Infidel]

Yep, the company that made them can't even get them back and resell them.

Umm might be patent or contractual issues.
Private corporate stuff I am sure.

Nope. They argued that it cost to much to store it, and that no one could be found to buy it. The first might be true, but CBS 5 found a couple of people that would have been willing to buy it. Another point that CBS 5 found was that they had not paid the company that manufactured them, and that they did not contact the company to see if they wanted them back before they destroyed them. That essentially means they were destroying the property of another company.

Good thinking though.

Payed for by other peoples money.



Our to be exact.

 

[Intense]

This is what they asked to be able to pay bonuses for?

After filing for bankruptcy last year, Fremont solar company Solyndra still owes American taxpayers half a billion dollars. But CBS 5 caught them destroying millions of dollars worth of parts.

At Solyndra’s sprawling complex in Fremont, workers in white jumpsuits were unwrapping brand new glass tubes used in solar panels last week. They are the latest, most cutting-edge solar technology, and they are being thrown into dumpsters.

Forklifts brought one pallet after another piled high with the carefully packaged glass. Slowly but surely it all ended up shattered.

And it’s not a few loads. Hundreds of thousands of tubes on shrink-wrapped pallets will meet a similar demise.

Bankrupt Solyndra Caught Destroying Brand New Parts « CBS San Francisco

Why did Roosevelt plow over crops while people starved? Statist Progressive Economics 101. Pathetic.

 

[Intense]

To think they still owe money on those too

Yep, the company that made them can't even get them back and resell them.

Umm might be patent or contractual issues.
Private corporate stuff I am sure.

You are too gullible. Why I bet you still have your mattress tags on your mattresses.