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Solyndra and parent company 60 Degree Solar have won court approval to exit bankruptcy...

Solyndra and parent company 60 Degree Solar have won court approval to exit bankruptcy protection despite government objections. While Solyndra will be liquidated, 60 Degree Solar will be free to make new investments. Under a restructuring plan, the government is unlikely to receive any of its $528M claim from a loan guarantee, nor will holders of $186.6M in secured debt.
Comments (3)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    "Under a restructuring plan, the American taxpayer is unlikely to receive any of the $528M claim from a loan guarantee, nor will holders of $186.6M in secured debt."

     

    There. Fixed it for you.

     

    But that's okay, of course. Obama has already gotten what he wanted from this deal in the form of the campaign contributions that the group running Solyndra raised for him. Why would he care if the loan is repaid? It's not his own money disappearing down a black hole, after all.
    23 Oct 2012, 05:58 AM Reply Like
  • 6fujitsu0
    , contributor
    Comments (28) | Send Message
     
    Well said!
    thanks, you saved me a bunch of typing and made the point I would.
    WELL SAID!!
    23 Oct 2012, 07:47 AM Reply Like
  • wigit5
    , contributor
    Comments (4251) | Send Message
     
    What we aren't getting our money back? Big surprise there
    23 Oct 2012, 08:40 AM Reply Like
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