Solyndra, Major Obama Donor, Declares Bankruptcy After Receiving $535 Million Federal Loan
So let’s get this straight. This is different than the very similar story of Evergreen Solar Inc, which also received millions of dollars from the Obama administration, before going bankrupt.
The Obama administration guaranteed a another failing company, Solyndra solar panel company, $535 million government backed loan, which seems more like a reward for the donations Steve Westley gave to the Obama campaign. The company then declares bankruptcy, lays off 1,100 employees, and bilks the U.S. People out of a half a billion dollars of taxpayer money. Then Obama goes off the deep end and names the donor, Steve Westley, to the President’s Energy Advisory Board.
This stinks like more corruption of the worst kind from the Obama administration.
…Solyndra, a San Francisco based solar panel company that received a $535 million loan guarantee from the federal government has declared bankruptcy. Last year President Obama touted the company as “leading the way” in the green jobs future he envisions.
Just a few months ago, ABC News revealed that one of the major financial backers for Solyndra is also a
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