$530 MILLION OBAMA SCAM WASN"T ENOUGH

[PRO190]

How about another 14 Million!!! :0071


Solyndra: The Federal Gift that Keeps on Giving
Adam Peshek
November 22, 2011, 1:51pm

Investors.com reports that the Labor Department today approved a plan to pay $14.3 million in severance packages to the failed solar company that received half-a-billion dollars in government loans. The firms ex-employees, 1,100 in all, will now be elegible for aid packages including job training and income assistance courtesy of federal tax payers (about $13,000 per employee). This will increase the amount of money tax payers are on the hook for from $528 million to $542 million.










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[Skulnik]

:facepalm:

 

[RAYMOND]

yes we can:0074

 

[Trench]

How about another 14 Million!!! :0071

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If you don't understand how unemployment insurance works, check with Rusty.

Besides, what do you care? $14 million should be pocket change to high roller like you. :0003

 

[Chadman]

Sounds a lot like the packages tens or hundreds of employees other major corporations (investment-related, for one) got on their way out the door, except it is far less than what they got. Many of these guys/gals are now at the helm of new companies, repeating the process.

Question - was this for the individual company, Solindra, or part of a bigger package for more companies? I honestly don't know - maybe it was - do you know?

And since everyone is so concerned with investments and protecting capital gains - who is really protecting investors when it comes to companies hiring these people because of their name and fame? Board members hiring CEO's, CEO's recommending the board members to stay on board, board members voting for the CEO's forever? It's madness... not that anyone benefiting from investing in companies and paying less on Capital gains than on regular income cares about, of course... and so it goes...

 

[hedgehog]

Hope and change:facepalm:

 

[PRO190]

Sounds a lot like the packages tens or hundreds of employees other major corporations (investment-related, for one) got on their way out the door, except it is far less than what they got. Many of these guys/gals are now at the helm of new companies, repeating the process.

Question - was this for the individual company, Solindra, or part of a bigger package for more companies? I honestly don't know - maybe it was - do you know?

And since everyone is so concerned with investments and protecting capital gains - who is really protecting investors when it comes to companies hiring these people because of their name and fame? Board members hiring CEO's, CEO's recommending the board members to stay on board, board members voting for the CEO's forever? It's madness... not that anyone benefiting from investing in companies and paying less on Capital gains than on regular income cares about, of course... and so it goes...

You are comparing Solyndra vs the Investment & Finance firms as a vital company in the stability of the United States.. Wow!

Solyndra should not have received a nickel as it is nothing but another Failed Green Initiative that will never be viable yet we just waste more and more tax payer money on this foolishness..
Wind and Solar will never be generatively or cost effective in anyway so yes that extra 14 million is another slap in the face of the taxpayer.
The employees get that payout regardless of any other compensation they are now receiving unlike true UC ..

To sum it up I'm done paying for jobs in utopian businesses destined to FAIL!!!