clulessbuttkissingdumbass wrote:
The phony solyndra scandal
Quote:
Solyndra won’t talk about its contracts
Washington Times, by Jim McElhatton
Officials at failed solar-panel maker Solyndra LLC refused to discuss the company’s contracts at a private meeting last month with a bankruptcy analyst for the Justice Department, fueling the push to have a trustee take over the failed company during its bankruptcy, records show.
Bankruptcy analyst Jeffrey Heck of the U.S. Office of the Trustee, an arm of the Justice Department that oversees bankruptcy cases, said that during a routine interview not long after Solyndra filed for bankruptcy last month, Solyndra officials suggested he “move on†when he asked about its contracts, according to an affidavit filed Friday by Mr. Heck in U.S. Bankruptcy Court in Delaware.
U.S. taxpayers stand to lose out on more than a half-billion dollars in government loans issued to Solyndra before it went bankrupt.
The Office of the Trustee wants a trustee appointed to oversee the company during its bankruptcy. Such appointments are rare and often occur when there is evidence of fraud or mismanagement. A judge will hear both sides on the motion Monday, but it’s unclear whether a decision will immediately follow.http://www.washingtontimes.com/news/201 ... contracts/