SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Liberalism: Do You Agree We've Had Enough of It?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: tonto5/23/2012 10:49:16 AM
3 Recommendations  Read Replies (1) of 224750
 
Obama loaded Solyndra with over $500,000,000 of very risky debt and the company went bankrupt and nearly everyone was laid off. They lost their jobs...and we lost our money to a Obama crony...

The Solyndra loan controversy is an alleged political controversy involving U.S. President Barack Obama's administration's authorization of a $535 million loan guarantee to Solyndra Corporation in 2009 as part of a program to spur alternative energy growth.[1][2] Solyndra and the White House had originally estimated that this government guarantee of Solyndra's financing would help to create 4,000 new jobs.[1] In early September 2011 the company ceased all business activity, filed for Chapter 11 bankruptcy, and laid off nearly all of its employees.[3][4]

Critics claimed that the Obama administration had unduly influenced awarding the loan guarantee
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext