These guys cannot even survive on government welfare. I guess they haven’t learned the value of not milking the cow until you kill it.
“Another one bites the dust.”
...another Odungo failure
YES. I love it when crony capitalists fail. It embarrasses them, politicians, and asinine governments involved.
Its like I LOVE how Venezuela is turning prehistoric in real-time.
It shows there ARE consequences.
I think GE is bigger and they’ve made some 20,000 wind turbines worth over 20 billion dollars.
Probable the “green” jobs will be lost as vendors are not paid. Likely that the equipment fabricated will be auctioned for an ‘nth’ of what it cost...or sold for scrap. And what if the real estate that will languish.
The repercussions are yuge. But some will have done quite well as the political contributions groomed from the winners is funneled back to the officials who allowed the project to happen and sold it to...ahem...’the people’. HA!
Who has to vote themselves a payraise?
And no one will be held accountable.
No.
Millions of taxpayer dollars paid to politically connected, corrupt thieves.
Look at the Solyndra model.
I’ll beet a lot of that $650 million went to generous bonuses for the higher ups in the corporation.
How many millions of tax payer dollars are they taking down with them?
AND how much in ‘kickbacks’ did the creeps pay in ‘speeches’ for our corrupt Congress people?
Hey you idiots at the Washington Post... check it out... how much did these people “DONATE” in all forms to Democrats in Congress.
What the rest of us call BRIBES.
Stock was over $30/share in July 2015.
Today is trading at around $0.60/share.
Zacks story on SUNE mentions “misappropriations of certain accounting practices” as being the reason why the company is seeking permission from the SEC to delay filing of its 10-K form.
Stuff you don’t hear about in the mainstream press. Especially how much Obama threw down the toilet to fund it with our money.
Check out their “Wharton School Camel Jockey President’s” compensation:
http://www1.salary.com/Ahmad-Chatila-Salary-Bonus-Stock-Options-for-SUNEDISON-INC.html
Isn’t all this “immigration and diversity” great! Come to the USA, get an education, and screw your newfound country to the tune of a $billion!
The SCAM continues!
[snip] "According to Freedom of Information documents obtained by Australia's ABC, now-former prime minister Tony Abbott's own department discussed setting up an investigation into the Bureau of Meteorology amid media claims it was exaggerating estimates of global warming."
"Yes, it appears that the prime minister himself had dared to question to prevailing status quo on "global warming."
And then there is Solyndra...(Solyndra lied to get loan guarantee, investigators say)
Obama can see his prize going down the drain so he directs (Attorney General Lynch Looks Into Prosecuting ‘Climate Change Deniers’).....our ancestors fought and died to stop this sort of crap!
Politicians are there because they are weak academically.
Why, oh why, does anyone think they can make good decisions regarding anything to do with business or science?
Dorkbama the Muslim is a very special case... at the bottom of the bottom in every measurable aspect of intelligence.
OMG !!!! WHY !!!!! D’oh
We at the ranch are wondering how much SunEdison paid for those various solar energy companies they acquired with our taxpayer dollars along the way over the years, and the political persuasion of the principals of those companies.
Just curious. We probably don’t need to ask.