Posted on 11/02/2011 5:01:10 PM PDT by Free ThinkerNY
WASHINGTON (AP) -- Days before a solar panel maker collapsed, the Obama administration considered a bailout that would have provided an infusion of cash and a new board of directors, including two directors appointed by the Energy Department.
Officials rejected the plan, which was recommended in August by the investment banking firm Lazard Ltd. Lazard was paid $1 million for analyzing options related to the faltering company, Solyndra Inc.
(Excerpt) Read more at hosted.ap.org ...
The list, ping
Let me know if you would like to be on or off the ping list
It’s not too late.
OH why not, the tax payers are already on the hook for the money sent to them with not much chance of recovery.
Just pour more money down the sh*t hole after all they are friends of mac daddy.
Wow!
The disgust is not that the company was a loser from the get-go:
It’s that some dumb functionary would agree to pay $1 million to come up with the a few day analysis of “it’s dead Jim!”
My thots exactly :(
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