Here goes your tax dollar wasted by Obama and people like Al Gore. In a blow to the Obama administration's efforts to create green jobs, solar-cell maker Solyndra announced Wednesday that it will close its remaining Fremont factory, lay off its 1100 employees and file for bankruptcy.
In the News:
 msnbc.com | Risky Business National Journal The government bet that while some companies would fail, most would thrive, and so far, Solyndra is the only stimulus-funded renewable-energy company that's received a loan guarantee to go bankrupt. But a lot has changed in two years, ... Solyndra was collateral damage in a trade war with ChinaGrist Magazine all 1,519 news articles » |
 Weasel Zippers | Solyndra failure shows rift over taxpayer role CNNMoney NEW YORK (CNNMoney) -- Until recently, few outside the solar power industry had even heard of Solyndra Inc. Now the company's bankruptcy has become a case study on an issue likely to gain increasing attention: Should the government be investing ... Report: Solyndra one of five Stimulus-funded energy companies to file for ...Weasel Zippers Obama's Big Green BoondogglesNational Review Online Malkin: Obama's Big Green BoondogglesGOPUSA all 2,284 news articles » |
 Washington Examiner | Solyndra Targeted In Criminal Probe Wall Street Journal (blog) At the time, in 2009, President Barack Obama held up Solyndra as an example of a stimulus funded start-up creating thousands of jobs. That $527 million loan, though, has come under fire from Republicans in Congress, and The House Energy and Commerce ... Obama's jobs speech will be a trip down el Mundo de los Recuerdos (Memory Lane)Washington Examiner all 964 news articles » |
 The Bay Citizen | Is Solar Power Too Risky a Bet for the Federal Government? The Bay Citizen “Their product was always going to have a limited application," said Charles Adams, a principal at the San Francisco-based solar installation company Albion Power. When Solyndra announced on Wednesday that it was shutting down and planning to file for ... Solar Singed: Two Weeks After Two Other Bankruptcies, Solyndra Goes Belly-upNewsBusters (blog) all 804 news articles » |
Stimulus Sucks Life out of Economy MarketWatch (press release) Solyndra, based in Fremont, California, became the third stimulus-funded solar company to go under in the past 30 days after SpectraWatt, headquartered Oregon, and Evergreen, Inc., out of Massachusetts, both declared bankruptcy in August. ... and more » |
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