I should probably wait for more information before coming to any judgement. I'm not sure whether the bankruptcy is chapter 7, (eg closing the doors), or chapter 11, (eg reorganization). I'm not sure whether the stimulus was a gift or loan. I'm not sure how much might be recovered, if the bankruptcy is chapter 7 and the USA government is a creditor, (eg the stimulus was a loan).
The FBI will need to sort out these matters and make a determination whether the management of Salyndra made a good faith effort to stand the company up, or just took the money and ran. Regards, LelandJ On 09/08/2011 04:36 PM, lelandj wrote: > I'm glad the FBI is going in on this. This will give the Obama > Administration factual information regarding any possible wrong doing > regarding the Solyndra bankruptcy. The Republicans will seize on this > failure to make political hay in advance of the coming 2012 elections. > > Republicans have the Obama Administration under the microscope right now > looking for anything, no matter how small or innocent, that can be > contorted into spin for use by the Republican attack machine. > > The simple fact is their are no guarantees when starting a new business, > and the failure rate for start up companies is very high. > > Let the psychological war begin. LOL > > Regards, > > LelandJ > > On 09/08/2011 01:48 PM, Michael Oke, II wrote: >> And here comes the FBI. >> http://www.businessinsider.com/now-the-fbi-is-raiding-obamas-favorite-solar-company-2011-9 >> >> Michael Oke, II >> 661-349-6221 >> [email protected] >> On Sep 1, 2011 2:34 PM, "Michael Madigan"<[email protected]> wrote: >>> We're the only country that prevents drilling for oil in our own country. >> What's next, ban corn and wheat from being grown so we have to import them >> too? >>> ________________________________ >>> From: "Michael Oke, II"<[email protected]> >>> To: ProFox Email List<[email protected]> >>> Sent: Thursday, September 1, 2011 5:21 PM >>> Subject: Re: [OT] More wasted money on green energy. >>> >>> Guess that you have to lay the blame for that at Obama's feet then. >>> >>> Michael Oke, II >>> 661-349-6221 >>> [email protected] >>> On Sep 1, 2011 2:01 PM, "lelandj"<[email protected]> wrote: >>>> Big oil with all her money, influence, lobbies, and power still rules in >>>> Washington. That the country still lacks a holistic energy policy is >>>> testimony to the fact. >>>> >>>> Regards, >>>> >>>> LelandJ >>>> >>>> On 09/01/2011 03:13 PM, Michael Madigan wrote: >>>>> Every day another failed green company goes belly-up. >>>>> >>>>> >>>>> ________________________________ >>>>> From: "Michael Oke, II"<[email protected]> >>>>> To: ProFox Email List<[email protected]> >>>>> Sent: Thursday, September 1, 2011 2:35 PM >>>>> Subject: Re: [OT] More wasted money on green energy. >>>>> >>>>> I thought that this was old news? Nice to know that US taxpayers are on >>> the >>>>> hook for the loans to these guys tho. >>>>> >>>>> Michael Oke, II >>>>> 661-349-6221 >>>>> [email protected] >>>>> On Aug 31, 2011 9:07 PM, "Michael Madigan"<[email protected]> wrote: >>>>>> Another giant failure from Obongo. >>>>>> >>>>>> >> http://news.cnet.com/8301-11128_3-20099902-54/solyndra-to-file-for-bankruptcy-suspends-operations/?tag=mncol;title >>>>>> --- StripMime Report -- processed MIME parts --- >>>>>> multipart/alternative [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
