iamwhatiseem
Diamond Member
As the company was about to declare bankruptcy...Solyndra executives helped themselves to $60,000 bonuses...at the same time this happened...the White House was considering a 2nd bailout.
While congressional Republicans are trying to find out more about the role the White House played in the $535 million loan guarantee that was awarded to Solyndra by the Department of Energy, the bankruptcy documents offer extensive information about what was happening internally at Solyndra.
According to the documents, chief financial officer Wilbur Stover was awarded a $60,000 bonus in April and in July. So were executive vice president Ben Bierman and senior vice president John Gaffney. Other executives enjoyed slightly smaller sums - marketing executive Karen Alter was awarded $55,000 in April and in July; Vincent Valentin, another vice president, earned two $44,000 bonuses.
Read more: Solyndra Execs Reaped Bonuses Before Bankruptcy, Documents Show | Fox News