Search






Jeff's Amazon.com Wish List

Archive Calendar

November 2024
M T W T F S S
 123
45678910
11121314151617
18192021222324
252627282930  

Archives

"Solyndra Executive Bonuses Kept Coming in 2011"

So what if taxpayers were getting fucked. They had it coming, what with their short skirts and the stiletto heels they wore at the Obama 2008 victory party. Eric Wesoff, Greentech:

While Solyndra burned, the executives fiddled — and kept feeding themselves healthy bonuses.

Dana Hull of the San Jose Mercury News read the 277-page Solyndra bankruptcy documents so you wouldn’t have to. She uncovered the fact that Solyndra bankruptcy law firm Gibson, Dunn & Crutcher earned $616,838 this summer — including $275,000 on August 19. (Here’s a link to download the bankruptcy document.)

I took a look at the document and it appears that executives were provided substantial bonuses at the same time that the firm was bleeding cash and soon to lay off 1,100 employees with little notice or continuing health care benefits.

I forget, are these the 1% — or does the fact that they were essentially the recipients of government redistribution of wealth necessarily give them 99-percenter status?

Boy, this crony capitalism / class warfare marriage the Obama Administration has entered into sure does make it tough to tell the good guys from the evil fatcat Jew money men who hoard the wealth and deny educated French lit majors a living wage for standing on a subway platform reading Baudelaire aloud to the accompaniment of a tambourine. Doesn’t it?

7 Replies to “"Solyndra Executive Bonuses Kept Coming in 2011"”

  1. geoffb says:

    Democrats and OPM.

    MF Global Client Theft Estimate Doubled To $1.5 Billion?

  2. Squid says:

    Good thing we have thinly-sourced gossip about Cain to talk about. Can’t imagine what might happen if the MSM devoted any effort to covering Solyndra, or MF Global, or Fast and Furious, or the first rulings of the Death Panels, or the felonies committed at the Occupations, or…

  3. SteveG says:

    The guys at the energy dept. who vetted these loans probably graduated from Cal State Channel Islands with a solid 2.1 GPA in accounting

  4. Carin says:

    I’m shocked.

    Oh right, I’m not. Sorry. Carry on.

  5. bh says:

    Oh hey, there’s that twitter thing on the right sidebar now.

    (Looks like it has a problem with quotation marks and the “View more tweets” at the bottom goes 404.)

  6. Stephanie says:

    (Looks like it has a problem with quotation marks and the “View more tweets” at the bottom goes 404.)

    It’s a good thing we don’t judge Jeff’s efficacy as an Outlaw blogger speaking truth to power with his insufficient, untimely and poor campaign management.

  7. free431 says:

    This is just another example of the rampant cronyism and corruption in our government.

    Consider also what just happened in a Texas federal court described at WorldNetDaily A Dallas business owner was involved in a civil dispute and paid hundreds of thousands of dollars to lawyers, and when he objected to additional excessive fees after the case settled, they had a “friendly” judge seize all of his possessions, without any notice or hearing, and essentially ordered him to be an involuntary servant to the lawyers under “house arrest”. The business owner has been under this “servant” order for 10 months and is prohibited from owning any possessions, freely traveling, prohibited from working, etc…

Comments are closed.