Godlike Productions - Conspiracy Forum
Users Online Now: 1,410 (Who's On?)Visitors Today: 585,649
Pageviews Today: 762,598Threads Today: 110Posts Today: 2,682
04:48 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

WTF Judge denies bid by government for Solyndra trustee

 
Anonymous Coward
User ID: 1464776
United States
10/18/2011 03:49 AM
Report Abusive Post
Report Copyright Violation
WTF Judge denies bid by government for Solyndra trustee
WILMINGTON, Del. — Customer contracts figure prominently in the FBI’s criminal investigation of solar panel maker Solyndra LLC, which went bankrupt despite receipt of more than a half-billion dollars in federal loans, according to testimony on Monday.

A top company official testified in U.S. Bankruptcy Court in Delaware that the FBI’s search warrant affidavit specifically sought information about company contracts.

The official, Ben Schwartz, a vice president and lawyer at Solyndra, was testifying because the U.S. Office of the Trustee said he had refused to answer questions about contracts. His refusal, government lawyers argued, proved that a trustee should be appointed to take over the company.

But U.S. Bankruptcy Court Judge Mary F. Walrath refused, saying there was no indication of any fraud or mismanagement at the company.

more

[link to www.washingtontimes.com]
Biochemky

User ID: 919411
United States
10/18/2011 04:29 AM
Report Abusive Post
Report Copyright Violation
Re: WTF Judge denies bid by government for Solyndra trustee
WILMINGTON, Del. — Customer contracts figure prominently in the FBI’s criminal investigation of solar panel maker Solyndra LLC, which went bankrupt despite receipt of more than a half-billion dollars in federal loans, according to testimony on Monday.

A top company official testified in U.S. Bankruptcy Court in Delaware that the FBI’s search warrant affidavit specifically sought information about company contracts.

The official, Ben Schwartz, a vice president and lawyer at Solyndra, was testifying because the U.S. Office of the Trustee said he had refused to answer questions about contracts. His refusal, government lawyers argued, proved that a trustee should be appointed to take over the company.

But U.S. Bankruptcy Court Judge Mary F. Walrath refused, saying there was no indication of any fraud or mismanagement at the company.

more

[link to www.washingtontimes.com]
 Quoting: Anonymous Coward 1464776


Say what?

In 2009, U.S. Vice President Joe Bidem announces on national TV that the Obama Administration has just closed a $535 million (tax payer funded) loan guarantee for Solyndra.

Solyndra was represented as a happy, healthy upcoming "Green Energy" corporation.



The Story of Solyndra & the Obama Administration



The White house monitored the half of a billion dollar loan closely.

The White House pressured officials to hastily finish Solyndra's financial review.

Solyndra was the "poster child" of Green stimulus projects.

Why Solyndra?

A key Solyndra investor was also an Obama campaign donor.

Since 2009, Solyndra officials have visited the White House at least 20 times.

Solyndra benefited from a lower interest rate than other companies received.

Solyndra is now bankrupt and under investigation by the FBI.

1,100 workers have been laid off at Solyndra.

And taxpayers could lose half a billion dollars.

Solyndra.

So bankrupt.

So many questions for the White House.

Last Edited by Biochemky on 10/18/2011 04:34 AM

News