Few pass, most fail.
Posted on 12/12/2015 7:46:28 AM PST by george76
On Friday, Hillary Clinton attended a fundraiser hosted by George Kaiser, a noted businessman and philanthropist who was a major bundler for resident Obama in 2008.
He is also the founder of Argonaut Private Equity, a hedge fund that poured $270 million into the now bankrupt solar company Solyndra. In 2009, Solyndra received more than half a billion dollars in taxpayer guaranteed loans. When the company went belly up in 2011, Kaiser and other investors were given a soft landing when they were guaranteed certain tax breaks that would kick in if Solyndra went bankrupt.
Kaiser is a curious choice to hold a fundraiser for Clinton, given her recent proposals to reign in the kind of crony capitalism exposed in the Solyndra mess, and other renewable energy company deals.
(Excerpt) Read more at americanthinker.com ...
Yes, but they are HER crony capitalists so they are okay. Nothing to see here.
I am sad that my high school classmate is hosting anything for Hitlery.
Uh, aren’t “solyndra investor” and “bandit” synonymous?
If you think this is something, wait til we see the haul democrats make on Global Warming. Kickback city....
Few pass, most fail.
russia is the roadmap for how capitalism would work under a pres. hillary....
oligarch kickback crony schemes... and dont forget the tax evading money laundering “clintoon foundation”.... she is an unindicted felon and the benghazi / e-mail crimes are not behind her yet.... she best use some of her money to hire a good criminal lawyer and payoff obama big time... pardon me.......
Unlike the ‘bankruptcies’ that 4 of Trumps business ventures obtained to reorganize and PAY their creditors (none of them US taxpayers!) , Solyndra, the failed solar-panel maker that received a $535 million U.S. Energy Department loan guarantee before going bankrupt took OUR MONEY.
Donald Trump has NEVER filed personal bankruptcy!
Law Dictionary: How is Donald Trump Able to File for Bankruptcy So Many Times?
http://thelawdictionary.org/article/how-is-donald-trump-able-to-file-for-bankruptcy-so-many-times/
Written by James Hirby | Fact checked by The Law Dictionary staff
People might ask “How is Donald Trump able to file for bankruptcy so many times?”
The answer is “He didn’t.” Trump himself has never filed for bankruptcy. His corporations have filed for Chapter 11 bankruptcy four times. By filing for Chapter 11 bankruptcy, the corporation is allowed to continue running while restructuring and reducing its debt. By allowing the business to continue, employees still have their jobs and the business is still making money. Corporate debts still need to be repaid but they may be reduced. The corporation must develop a repayment plan and corporate budget. Both must be approved by the creditors and by the bankruptcy court.
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