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scottw · 09-01-2011, 06:41 AM

I hope he announces a massive investment in Green Jobs

Solyndra to Declare Bankruptcy
President Obama touted the facility only a year ago

Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said "it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. "

Solyndra, a Fremont-based solar panel manufacturer that flared then sputtered, abruptly ceased operations on Wednesday and immediately laid off all 1,100 of its workers.

The shutdown marks a high-profile collapse of a company that received more than $1.6 billion in federal and private funding in recent years.

"This was an unexpected outcome and is most unfortunate," Brian Harrison, Solyndra's president and chief executive, said.

Solyndra workers who were laid off on Wednesday were dismissed without layoff packages.

"They are getting no severance," said Dave Miller, a Solyndra spokesman. "They are getting nothing."

"It's devastating," Campbell resident Matthew Henry said. "There was no compassion."

OBAMA!!! WHERE ARE YOU????....oops...sorry to disturb your vacation

09-01-2011, 06:41 AM	#19
scottw Registered User iTrader: (0) Join Date: Nov 2007 Posts: 12,632	I hope he announces a massive investment in Green Jobs Solyndra to Declare Bankruptcy President Obama touted the facility only a year ago Solyndra was touted by the Obama administration as a prime example of how green technology could deliver jobs. The President visited the facility in May of last year and said "it is just a testament to American ingenuity and dynamism and the fact that we continue to have the best universities in the world, the best technology in the world, and most importantly the best workers in the world. And you guys all represent that. " Solyndra, a Fremont-based solar panel manufacturer that flared then sputtered, abruptly ceased operations on Wednesday and immediately laid off all 1,100 of its workers. The shutdown marks a high-profile collapse of a company that received more than $1.6 billion in federal and private funding in recent years. "This was an unexpected outcome and is most unfortunate," Brian Harrison, Solyndra's president and chief executive, said. Solyndra workers who were laid off on Wednesday were dismissed without layoff packages. "They are getting no severance," said Dave Miller, a Solyndra spokesman. "They are getting nothing." "It's devastating," Campbell resident Matthew Henry said. "There was no compassion." OBAMA!!! WHERE ARE YOU????....oops...sorry to disturb your vacation Attached Thumbnails Last edited by scottw; 09-01-2011 at 06:47 AM..