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04:37 AM
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The Obama Recovery continues: Two More Stimulus-Backed Solar Companies Announce Layoffs
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[quote:Anonymous Coward 28110666:MV8yMDU3ODY3XzM0NjEwNjMzX0VGMUQ0MTk4] Yanno, Jon Stewart did an expose on this where it was shown that Bain's failure rate for companies is much worse than Obama's has been. [/quote]
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link to epaabuse.com
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A pair of foreign-owned solar companies that benefited from a combined $84 million in Energy Department tax credits have announced they will lay off employees.
One of the companies, German-owned SolarWorld, was integral in the fight for tariffs against the importation of Chinese photovoltaic solar panels. The other, Chinese company SunTech, blamed those tariffs for its own layoffs.
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