[REUTERS] The founder of bankrupt solar panel maker Solyndra...a green
technological winnerpicked by the Obama administration that cost the taxpayers a half billion dollars, with the added benefit of the campaign contributors who put money into the project getting paid before the taxpayers when the wreckage went up for sale...
will likely avoid criminal charges even if charges are brought against other former executives of the company, according to several people familiar with the investigation.
| Of course there won't be criminal charges. Gronet was connected in Washington. Connected people don't get charged; charges are for chumbalones like you and me. |
Solyndra filed for bankruptcy protection in 2011 after receiving $528 million in federal loans. Its demise triggered a criminal probe into what Solyndra told federal authorities during the loan application process, along with intense criticism from Republican politicians who opposed the Obama Administration's efforts to support the green energy
... the attempt to produce energy without using fossil fuel. The preferred methods are solar, wind, geothermal, phlogiston, philosophers' stones, and rattling bears' teeth. The approach with the most promise involves attaching generators to perpetual motion machines, but using Words of Power to summon energy-rich demons may also work. The
greenin the term refers to the vast number of greenbacks that have been thrown at the problem since 1973 with indifferent results...
sector.
