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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: ChanceIs who wrote (156676)	9/8/2011 5:36:27 PM
From: Jacob Snyder	2 Recommendations Respond to of 206106

<Gag> You have a choice: to gag, cry, or laugh. I choose to laugh. The business press is full of very funny statements, every day, usually from people who are being ironic or absurd or self-contradictory, and have no idea how silly they sound. Or perhaps they know, but it's their job to say stupid things. I used to read science fiction for entertainment, but now I read the Wall Street Journal.

To: ChanceIs who wrote (156676)	9/12/2011 10:56:05 AM
From: Salt'n'Peppa	Read Replies (1) \| Respond to of 206106

FBI Visits Homes Of Solyndra CEO, Co-Founders nasdaq.com By Yuliya Chernova, Of DOW JONES VENTUREWIRE The Federal Bureau of Investigation continued its probe into solar-panel maker Solyndra LLC on Friday by visiting the homes of President and Chief Executive Brian Harrison, as well as former executives and co-founders Chris Gronet and J. Kelly Truman, according to two people familiar with the situation. Solyndra, which filed for bankruptcy earlier this week, is the target of an investigation into whether executives knowingly misled the Department of Energy to secure a $527 million loan guarantee, The Wall Street Journal reported. On Thursday, the FBI seized documents and computers from Solyndra's headquarters in Fremont, Calif. Harrison's home wasn't searched on Friday, but he was questioned, according to one person with knowledge of the matter. Harrison, who joined the company in 2010, after the loan was awarded, didn't respond to a request for comment. Gronet, Solyndra's former CEO, didn't respond to requests for comment. Truman, a former senior vice president at Solyndra, is currently president and chief executive of energy storage developer Deeya Energy. A person answering the phone at Deeya said, "He is not taking phone calls." FBI spokeswoman Julianne H. Sohn declined to comment on whether the agency visited the executives or to describe the nature of the probe. The FBI is conducting the investigation together with the Department of Energy's Inspector General's office. Gronet and Truman were co-founders of the solar company and served in their roles through the loan process. They were ousted by the board in the middle of 2010, but not due to any suspicion of fraud, according to one person familiar with the situation. The reason Gronet and Truman left was because the company was burning through cash and had to rein in costs, which the board felt wasn't the strong suit of this executive team, this person said. Solyndra raised more than $1 billion in equity from numerous investors, most notably the George Kaiser Family Foundation, Madrone Capital, CMEA Capital, U.S. Venture Partners, Rockport Capital, Redpoint Ventures, Virgin Green Fund and DB Masdar Clean Tech Fund, a fund formed by Abu Dhabi'sMasdar and Deutsche Bank ( DB, DBK.XE).