>Unlabelled > Good news: Solyndra violated terms of Energy Dep’t loan — but loan was restructured anyway

Good news: Solyndra violated terms of Energy Dep’t loan — but loan was restructured anyway

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The $168 million decision.

Why not? If we’re going to reward failure, we might as well stick with it to the bitter end. Good money after bad: The U.S. Department of Energy learned in December that Solyndra was violating its federal loan deal, but the agency changed the loan terms to allow the solar company to continue receiving taxpayer [...]

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Allahpundit 30 Sep, 2011


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Source: http://hotair.com/archives/2011/09/29/good-news-solyndra-violated-terms-of-energy-dept-loan-but-loan-was-restructured-anyway/
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