Solyndra executives collected hefty bonuses in months before Fremont company filed for bankruptcy

Mercury news ^ | 11/2/11 | Dana Hull

[justlurking]

But a former Solyndra employee, who spoke on condition that he not be identified, said the bonuses were put in place in an effort to retain talent at Solyndra, which suffered from enormously high turnover during its five years in operation.

Rats fleeing the sinking ship.

[BIGLOOK]

Goldbricker’s rewards.

[xp38]

Cue Claude Rains

[TwoSwords]

Russia has nothing on us. We don’t have capitalism, just common corruption. And it didn’t start w zero, he just accelerated it. We’re all serfs now.

[NormsRevenge]

[gleeaikin]

“the bonuses were put in place in an effort to retain talent at Solyndra, which suffered from enormously high turnover during its five years in operation.”

This is hardly surprising, given that Forbes says the average salary for CEOs in the top 500 companies ranged from $10 to $13 million the past two years.

[BobP]

Solyndra - Clean Energy is Dirty

How dare Republicans question the waste of a mere half a billion dollars on some sham company that was a big Zer0 donor. No criminal negligence and malfeasance with taxpayer dollars for political purposes here. /sarc

[TwoSwords]

Why aren’t the Repub’s doing anything about it? I’m losing faith in our Republic.

[Irenic]

We don’t have capitalism, just common corruption.
****************************
Would that be bureaucrat-capitalism?

[steelyourfaith]

Democrat operative Franklin Delano Raines collected $90,000,000+ in Fannie Mae bonuses just before the bottom fell out.

 

Beam me to Planet Gore !

[PogySailor]

Looters looting is news?

[Terry Mross]

A guy gets a bonus and donates half to obama’s campaign.

[Erik Latranyi]

But a former Solyndra employee, who spoke on condition that he not be identified, said the bonuses were put in place in an effort to retain talent at Solyndra, which suffered from enormously high turnover during its five years in operation.

I am willing to bet this was a laundering operation. Those that came and went were given big severances, a portion or which was donated to the DNC or directly to Obama.

Someone needs to track the players and the donations.....I will bet anything that you will find our tax money going through these people right into the DNC.

[scooby321]

A Chapter 7 Trustee should be able to crawl back those bonuses.

Unless its an Obama Judge.

The justice department should be able to put the taxpayer ahead of George Kaiser ( net worth 10 Billion according to Forbes 400 richest.)

[InvisibleChurch]

Ha, the joke is on them! they have to pay taxes on those bonuses! that’ll show ‘em!

[GlockThe Vote]

Bfl.

[Eric in the Ozarks]

The amount of crap has most of us overwhelmed...

[Erik Latranyi]

The justice department should be able to put the taxpayer ahead of George Kaiser ( net worth 10 Billion according to Forbes 400 richest.)

I guess you didn't read (in other articles) where the Obama Admin made the Energy Department loans subordinate to the main investors.......therefore, the Obama buddies get their money first from the fire-sale of Solyndra assets and the US Taxpayers get whatever is leftover (which will be nothing).