Monday, September 27, 2021
HomePatriot DispatchesBankrupt Solyndra has chutzpah to ask for employee bonuses

Bankrupt Solyndra has chutzpah to ask for employee bonuses

Just when we thought we’d seen the last of Solyndra, the poster child for the Obama DOE’s reckless and wasteful ‘green jobs’ plan that essentially amounted to government bureaucrats playing venture capitalism with taxpayer money.

But the Solyndra saga is far from over, in fact, the bankrupted company is asking the courts to grant hefty bonuses to dozens of employees:

Nearly two dozen Solyndra employees could receive bonuses ranging from $10,000 to $50,000 each under a proposal filed by Solyndra’s attorneys in U.S. Bankruptcy Court in Delaware.

The attorneys say the extra money will add motivation at a time when workers at the solar company have little job security and more responsibilities because so many of their colleagues have been fired.

Yes, I’m certain that American taxpayers who are worried about their own jobs and struggling to put food on the table will sympathize with workers at a failed solar panel company’s need for “motivation.”

Crossposted at Conservative Outlooks

LadyImpactOhiohttps://www.ladyimpactohio.com
Deplorable Reagan Conservative. Pro-life, pro 2A. Waiting for Obama's "legacy" to be undone. Twitter: @LadyImpactOhio "We the People tell government what to do. It does not tell us."__Ronald Reagan in his farewell speech.

2 COMMENTS

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2 COMMENTS

  1. The names of those who were to get the bonuses were not released, but “records” show they weren’t the top dogs. Huh. Well, of course the top dogs wouldn’t need to be motivated would they. They’ve already got theirs.

  2. I have an idea. As I recall, the Solyndra execs plead the Fifth in their testimony before Congress. Deal: in writing with the federal attorneys they waive their right to remain silent, and agree to submit to testimony under Oath, in exchange for the feds releasing the cash for the bonuses (I honestly believe a few of those lower range $$ bonuses may be to innocent engineers, accountants, etc., who were just working stiffs.) Oh! wait a minute! then the truth would come out about the Obama’s minions stuffing cash in Solyndra “representatives” pockets for funding a company that had no viable designs and was headed for quick bankruptcy as early as 2009. I will not hold my breath. But I wonder if I, too, could get billions in taxpayer for my brilliant idea of a company which has no design team or patents, no existing distribution network- no business plan, no business model – not a blessed clue of what it was trying to do. But I promise if you are a Liberal, I will make you feel good whatever it is I am trying to do but not doing.

  1. The names of those who were to get the bonuses were not released, but “records” show they weren’t the top dogs. Huh. Well, of course the top dogs wouldn’t need to be motivated would they. They’ve already got theirs.

  2. I have an idea. As I recall, the Solyndra execs plead the Fifth in their testimony before Congress. Deal: in writing with the federal attorneys they waive their right to remain silent, and agree to submit to testimony under Oath, in exchange for the feds releasing the cash for the bonuses (I honestly believe a few of those lower range $$ bonuses may be to innocent engineers, accountants, etc., who were just working stiffs.) Oh! wait a minute! then the truth would come out about the Obama’s minions stuffing cash in Solyndra “representatives” pockets for funding a company that had no viable designs and was headed for quick bankruptcy as early as 2009. I will not hold my breath. But I wonder if I, too, could get billions in taxpayer for my brilliant idea of a company which has no design team or patents, no existing distribution network- no business plan, no business model – not a blessed clue of what it was trying to do. But I promise if you are a Liberal, I will make you feel good whatever it is I am trying to do but not doing.

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