| ||Thread Tools|
|4th October 2011, 13:35||#1|
Join Date: May 2010
Obama Says he Has No Regrets on Wasting $535M on Failed Solar Startup
President says high-risk loan was "felt like... a good bet"
(This article contains editorial commentary, which is the opinion of the author.)
President Barack Obama has endured scathing criticism in recent weeks for loaning $535M USD to failed solar startup Solyndra. The loan came as part of a $40B USD "green" technology stimulus effort. But on September 1, 2011 Solyndra filed Chapter 11 bankruptcy, leaving its 1,000+ employees looking for work and leaving the government staring at an un-recoupable loss.
|Thread||Thread Starter||Forum||Replies||Last Post|
|President Obama appoints RIAA lawyer as solicitor general||Shogun||WebNews||0||26th January 2011 05:13|
|Malware vs Virus Scanners: 12 passed, 13 failed||jmke||WebNews||8||5th September 2009 16:27|
|Microsoft CEO to Obama: Drop Tax Break Cuts or We'll Send Jobs Overseas||jmke||WebNews||0||4th June 2009 16:00|
|EFF: San Francisco WiFi failed due to Google||Shogun||WebNews||0||27th April 2008 18:28|
|Father of Net regrets the double slash||jmke||WebNews||0||27th March 2006 11:38|
|Ten Failed Tech Trends for 2005||jmke||WebNews||4||1st January 2006 09:46|
|Startup DB + Spyware guides||StaRflaM||WebNews||0||19th November 2004 17:19|
|550 list failed||Bosw8er||Hardware/Software Problems, Bugs||8||7th August 2003 20:14|