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Monday, September 24, 2012

Taxpayers: $197 Million To Solyndra ...

... wanna-be.

Link here to NBC.
A tiny solar company named SoloPower will flip the switch on production at a U.S. factory Thursday, a major step toward allowing it to tap a $197 million government loan guarantee awarded under the same controversial program that supported failed panel maker Solyndra.
The CEOs and top level VPs are paid quite handsomely in these start-ups, and are often recent graduates of East Coast MBA programs looking for their first jobs.

They are expected to contribute to the election campaign of their choice.

Posted for archival purposes only. We can check on the company in two years.

The good news: it's only $197 million. About 20 Bakken wells.

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