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Another Popular Name Emerges In The Solyndra Scandal

Tyler Durden's picture


This scandal is rapidly becoming the gift that keeps on giving...

Solyndra Offered $535 Million Loan Guarantee by the U.S. Department of Energy


Fremont, CA, March 20, 2009 – Solyndra, Inc. announced today that it is the first company to receive an offer for a U.S. Department of Energy (DOE) loan guarantee under Title XVII of the Energy Policy Act of 2005.  Solyndra, a Fremont, California-based manufacturer of innovative cylindrical photovoltaic systems, will use the proceeds of a $535 million loan from the U.S. Treasury’s Federal Financing Bank to expand its solar panel manufacturing capacity in California.


“The leadership and actions of President Barack Obama, Energy Secretary Steven Chu and the U.S. Congress were instrumental in concluding this offer for a loan guarantee,” said Solyndra CEO and founder, Dr. Chris Gronet.   “The DOE Loan Guarantee Program funding will enable Solyndra to achieve the economies of scale needed to deliver solar electricity at prices that are competitive with utility rates.  This expansion is really about creating new jobs while meaningfully impacting global warming.”

Designed specifically for commercial, industrial and institutional rooftops, Solyndra’s proprietary photovoltaic (PV) systems generate significantly more solar electricity per rooftop at a lower installed cost than conventional flat panel PV technologies. Further, Solyndra’s PV systems are fast and economical to install due to the simple horizontal mounting and unique air-flow properties of the solar panels. Solyndra’s panels are fully certified for U.S. and international use and have been commercially shipping since July 2008.


The guaranteed loan, expected to provide debt financing for approximately 73% of the project costs, will allow Solyndra to initiate construction of a second solar panel fabrication facility (Fab 2) in California. On completion, Fab 2 is expected to have an annual manufacturing capacity of 500 megawatts per year.  Solyndra and DOE will finalize the transaction upon completion of definitive documentation and satisfaction of certain conditions precedent.  Over the life of the project, Solyndra estimates that Fab 2 will produce solar panels sufficient to generate up to 15 gigawatts of clean, renewable electricity–enough to avoid 300 million metric tons of carbon dioxide emissions.  Further, Solyndra estimates that the construction of this complex will employ approximately 3,000 people, the operation of the facility will create over 1,000 jobs, and hundreds of additional jobs will be created for the installation of Solyndra PV systems, in the U.S.


“DOE, in consultation with independent consultants, performed a thorough investigation and analysis of our project’s financial, technical and legal strengths,” said Dr. Kelly Truman, Solyndra’s Vice President of Marketing, Sales and Business Development.  “We are proud to be the first company to pass this comprehensive review, and we would like to acknowledge the exceptional efforts of the staff of the DOE Loan Guarantee Program Office.” 


Goldman, Sachs & Co. acted as exclusive financial advisor to Solyndra in connection with this loan guarantee application.

Anywhere you look... Goldman has already been there.



And in tangential news, attached is the just filed engagement letter with which a bankrupt Solyndra will retain Imperial Capital at the cost of $150,000 per month (this is cash that is immediately leaving the estate, thus minimizing recoveries to US taxpayers), a $1 million confirmation fee, a $1 million sale fee (the two are not exclusive), a 1%/3%/5% financing fee (i.e., Imperial arranges follow through financing, although good luck with that), and so on. In other news, should this bankruptcy stretch for more than the usual 1 year period from filing to emergence, US taxpayers will be on the hook for another roughly $3 million, in order to hire a banker whose ultimate value added will be an "orderly" liquidation of the company. What is amusing is that $150k/month was the going rate when bankruptcy firms still had business, and it was a competitive field, unlike now, when even a $10 million debt side assignment gets pitchbooks from Greenhill, Lazard, Rothshild and Blackstone. Perhaps the judge on the case will be so kind to show some fiduciary responsibility when it comes to disbursing taxpayer capital to retain a useless advisor.... even more so that Imperial somehow believes that it should not even be subject to an expense "(including, without limitation, reasonable attorneys’ fees, travel, lodging and meal expenses, messenger services, duplicating services and other customary expenditures)" cap: gotta love using those G-VI jets on the taxpayer's dime.


h/t Jeff


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Thu, 09/15/2011 - 20:43 | 1675677 OldPhart
OldPhart's picture

Looking at Chas I think it/he ate her.

Thu, 09/15/2011 - 20:53 | 1675708 nmewn
nmewn's picture

Chaz Bono has always seemed a to what happened in the Chastity suicide case.

Personally, I think Chaz did it and hid the body ;-)

Thu, 09/15/2011 - 21:36 | 1675831 PulauHantu29
PulauHantu29's picture

Anthony Wiener, now unemployed, said he would take the case ...if he doesn't have to be fully dressed.

Fri, 09/16/2011 - 00:02 | 1676110 Frosty Gary
Frosty Gary's picture

Making fun of this pop culture dogshit is about as banal as the shit itself.

Thu, 09/15/2011 - 19:58 | 1675495 WestVillageIdiot
WestVillageIdiot's picture

And look at that, they have all of their lights on right now.  Every night they are the only building that is fully lit up.  Gekko might have said, "money never sleeps" but we really know he meant "evil never sleeps".  Goldman is proof of that.  Why don't we just have our paychecks deposited directly into their fucking accounts?  Would somebody have some god damn decency and shut that fucking fraud factory down? 

Thu, 09/15/2011 - 20:05 | 1675525 nope-1004
nope-1004's picture

You'll have to get rid of the Dems and Repub parties first.  The bankers own the political landscape.

I just pray for some divine intervention into this Fraud of A Union.  Seems that's the only power that will be able to overcome this satanic ponzi.

But first, we should sacrifice Geithner to the great whites off the coast of Australia.  I'd pay to see that buffet.


Thu, 09/15/2011 - 20:40 | 1675670 krispkritter
krispkritter's picture

Why don't sharks eat Bankers?  Professional courtesy...

Fri, 09/16/2011 - 05:32 | 1676377 DirtMerchant
DirtMerchant's picture

Honor among thieves

Thu, 09/15/2011 - 21:40 | 1675841 James
James's picture

Great Whites don't eat pieces of shit.

It's hard on their digestive tract

Thu, 09/15/2011 - 22:46 | 1675999 zerozulu
zerozulu's picture

French revolution II, bitches..

Thu, 09/15/2011 - 20:05 | 1675532 unum mountaineer
unum mountaineer's picture

and the day that happens they will make threats that shutting them down will totally crash the market. Threats, lies, rumors and inuendos are the only weapons left for these crooks..printers, paper and ink are a given of course 

Thu, 09/15/2011 - 20:01 | 1675498 NumNutt
NumNutt's picture

This is like the same crime syndicate family name popping up every time some major theft has occured....actually that is exactly what it is ....

Thu, 09/15/2011 - 20:02 | 1675514 Al Gorerhythm
Al Gorerhythm's picture

....actually that is exactly what it is........ 

There ya go. Fixed.

Thu, 09/15/2011 - 20:04 | 1675522 NumNutt
NumNutt's picture

actually saw my error just after posting it and corrected, but thanks for the effort!

Thu, 09/15/2011 - 20:00 | 1675502 Where My Dawg At
Where My Dawg At's picture

Sachs came by my house and took my beer last night.

Goldman came by today and threw the empty bottles in my yard.

Thu, 09/15/2011 - 20:19 | 1675596 JohnG
JohnG's picture

Beer thieves get killed in these here parts.

Thu, 09/15/2011 - 20:41 | 1675675 krispkritter
krispkritter's picture

We don't kill'em, we feed them to the gators...if you have a metal detector you might find a wristwatch in a pile of gator shit but that's about all...

Thu, 09/15/2011 - 21:01 | 1675729 JohnG
JohnG's picture

Great idea.  No gators here.  Lot's of trees and barbed wire though.

Thu, 09/15/2011 - 21:23 | 1675791 Whalley World
Whalley World's picture

More like Sachs drank my beer last night, Goldman came by next morning to take the bottles.

Thu, 09/15/2011 - 20:01 | 1675504 FeralSerf
FeralSerf's picture

The Vampire Squid strikes again.  What a surprise!  I wonder what their share of the loot was.

Thu, 09/15/2011 - 20:02 | 1675512 NumNutt
NumNutt's picture

all of it.

Thu, 09/15/2011 - 20:59 | 1675723 scatterbrains
scatterbrains's picture

I'm sure they broke a small piece of cheese off for the ones they need dirt on.

Thu, 09/15/2011 - 20:01 | 1675509 Doña K
Doña K's picture

Yea! Plunder while you can Obamanites. You know this is your last chance.

Never again. Look what happened in Zimbabwe and South Africa.

Thu, 09/15/2011 - 20:02 | 1675513 nestle
nestle's picture

Long live Jon Stewart lol

Thu, 09/15/2011 - 20:08 | 1675549 mynhair
mynhair's picture

Some people hate the country that much.....

Thu, 09/15/2011 - 20:03 | 1675515 Belarus
Belarus's picture

They are, after all, doing God's work--to which he is omnipresent. How could it be any other way? But Obama looks pretty damn well connected too (number uno contributor to Obama campaign, why Goldman God of course). Could Obama be Jesus?



Thu, 09/15/2011 - 20:06 | 1675537 TwelfthVulture
TwelfthVulture's picture


Thu, 09/15/2011 - 20:06 | 1675538 TwelfthVulture
TwelfthVulture's picture

Could Obama be Jesus?


The founders are spinning in their graves.

Thu, 09/15/2011 - 20:14 | 1675572 nope-1004
nope-1004's picture

Jesus said, "Be careful that you are not deceived. Many will come using my name. They will say, 'I am he!' and 'The time is near.' Don't follow them!

Luke 21:8

Oscama the second coming?  Hardly.  They guy is a plastic puppet.

Thu, 09/15/2011 - 21:11 | 1675755 ZeroAffect
ZeroAffect's picture

Right. Just keep this prophecy in mind. John 5:43 "I have come in my Father’s name, and you do not receive me. If another comes in his own name, you will receive him."

Thu, 09/15/2011 - 21:19 | 1675784 JohnG
JohnG's picture

Are you trying to day that we've been fucked?  We sure have "received" it.

Thu, 09/15/2011 - 21:49 | 1675871 ZeroAffect
ZeroAffect's picture

Right. And, the larger point is that anyone who will rescue us from the coming global anarchy once the system collapses will be seen as 'Messiah', a 'Saviour' to the world. They won't be coming in the name of the Hebrew God, but in their own name. That's the prophecy.

Thu, 09/15/2011 - 22:15 | 1675931 JohnG
JohnG's picture

I'm personally not superstitious, but this "system" is coming down HARD.

I'll speak to my dogs and see what they have to say about it; my guess is that they'll agree. the smile on a dog's face -- Edie Brickell


Thu, 09/15/2011 - 20:16 | 1675581 CompassionateFascist
CompassionateFascist's picture

Ah, no....#1 contributer was a "mystery" $200 million from offshore. Soros.

Thu, 09/15/2011 - 20:04 | 1675519 macholatte
macholatte's picture

GS with their fingers in the cookie jar...... Oh what a surprise!

And did I get it right ....... that was a government guaranteed loan from the government to the private sector? So nobody was ever responsible to pay it back? Any idea where the cash went? Any of it go to any of those $50k per plate dinners?

I wish this was a joke.

Thu, 09/15/2011 - 20:04 | 1675520 buzzsaw99
buzzsaw99's picture

Chump change compared to what Halliburton has stolen over the past ten years.

Thu, 09/15/2011 - 20:09 | 1675552 Clint Liquor
Clint Liquor's picture

Nice, spin! Moral equivalency, a time tested method.

Thu, 09/15/2011 - 20:14 | 1675569 buzzsaw99
buzzsaw99's picture

the bush administration committed crimes against humanity and they go free, they have stolen 100X more money. Now, only now, they try to prosecute Obama for being a piker? This is politics to get a rethug in the white house.

Thu, 09/15/2011 - 20:22 | 1675610 CrazyCooter
CrazyCooter's picture

Seriously? You are saying Dahmer isn't so bad because Gacy was? Or is it Gacy isn't so bad because Dahmer was.

It amazes me people live in this sort of mental space. Might I suggest morals, ethics, and a backbone? Obama is a POS shill, just like W.



Thu, 09/15/2011 - 20:33 | 1675649 buzzsaw99
buzzsaw99's picture

Hey if you stand bush up there on the gallows too I'd be all for it. Everyone here is a tea party faggot who turns a blind eye to everything but lib crimes.

Thu, 09/15/2011 - 20:37 | 1675658 EscapeKey
EscapeKey's picture

Really? My impression is that the majority here hates both wings of the Wall St party.

Thu, 09/15/2011 - 20:41 | 1675674 buzzsaw99
buzzsaw99's picture

yeah, that was uncalled for.

Thu, 09/15/2011 - 20:50 | 1675700 OldPhart
OldPhart's picture

I thought faggots weren't allowed in the TEA Party.

Thu, 09/15/2011 - 20:53 | 1675709 buzzsaw99
buzzsaw99's picture

they are as long as they keep it in the closet. lolololol

Thu, 09/15/2011 - 21:57 | 1675890 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Naw. it's a good beta test.  Now we know how many libtards and tea baggers are trolling.

Fri, 09/16/2011 - 00:31 | 1676137 Founders Keeper
Founders Keeper's picture

[Everyone here is a tea party faggot who turns a blind eye to everything but lib crimes.]---buzzsaw99



Thu, 09/15/2011 - 20:26 | 1675627 Arkadaba
Arkadaba's picture

Disagree. Obama had the chance to rectify certain irregulatities when he got into office and he blew it. And he blew it by campaigning on hope and change and doing nothing when he got to office. 

Thu, 09/15/2011 - 21:28 | 1675808 Esso
Esso's picture

O'boingo can't do shit. If he gets uppity, his masters will take away his KFC hotline.

Thu, 09/15/2011 - 22:06 | 1675908 Rick64
Rick64's picture

 IMO he didn't blow it, he never intended to change anything which is apparent when you look at his administration.

Geithner appointed to Secretary of treasury former head of NY FED when all the MBS fraud was going on right under his nose.

Larry Summers appointed to head the Economic Coucil - formerly head of Harvard in which he ok'd investments into MBS where Harvard lost billions.

Ben Bernanke appointed to head FED. - Said housing was just going through a correction and the fundamentals of the economy were strong.

Rahm Emanuel - Former investment banker for Wasserstein Perella hired despite having no banking experience or MBA degree, served on the board of Freddie Mac.

The Obama Administration rejected a request under the Freedom of Information Act to review Freddie Mac board minutes and correspondence during Emanuel's time as a director.[38]

There are many more  examples.


Thu, 09/15/2011 - 20:31 | 1675643 ZeroAffect
ZeroAffect's picture

Hey, buzz didn't do the junk. On a serious note we ALL need to spread the blame around a bit more. You know the score. As for who gets in the WH, rest assured GS and the rest of the banksters will make sure they get their puppet installed. They always do, I know you know it too.

Thu, 09/15/2011 - 20:35 | 1675653 buzzsaw99
buzzsaw99's picture

of course, i'm just stirring the shit. ;)

Thu, 09/15/2011 - 20:37 | 1675661 caerus
caerus's picture

i figured

Thu, 09/15/2011 - 20:18 | 1675592 Bastiat
Bastiat's picture


Thu, 09/15/2011 - 20:32 | 1675607 buzzsaw99
buzzsaw99's picture

you probably think a stained dress constitutes a national emergency. LMAO!

Thu, 09/15/2011 - 20:36 | 1675654 mynhair
mynhair's picture

When it denigrates the Office and absolves lying under oath, it is.

Thu, 09/15/2011 - 20:38 | 1675663 buzzsaw99
buzzsaw99's picture

et tu mynhair? let's have some fun. :-*

Thu, 09/15/2011 - 22:22 | 1675947 karzai_luver
karzai_luver's picture

denigrates the office........what a fukin hoot that is.


More death and crimes have come out of that office in the last 30 year than any of these two bit dictators we chase after could dream of.




Thu, 09/15/2011 - 20:04 | 1675523 TwelfthVulture
TwelfthVulture's picture

OH, for the love of all humanity, SAY IT AIN'T SO, LLOYD!!!  WWGD??

Thu, 09/15/2011 - 20:05 | 1675524 Lady Heather...UNCLE
Lady Heather...UNCLE's picture

...Goldman Sachs IS USA inc. "All yours money belongs to us" is their motto

Thu, 09/15/2011 - 20:21 | 1675544 TwelfthVulture
TwelfthVulture's picture

"All your money are belong to us"


fixed it.  if ur gonna use cultural references, at least get it correct.

Thu, 09/15/2011 - 20:25 | 1675621 Bwahaha WAGFDSMB
Bwahaha WAGFDSMB's picture

"All your money are belong to us"

If you're going to be pedantic at least get it right.

Thu, 09/15/2011 - 20:41 | 1675672 spdrdr
spdrdr's picture

"All your money are belong to us"


There, fixed it for you.

Thu, 09/15/2011 - 20:05 | 1675528 SheepDog-One
SheepDog-One's picture

A bit of smoke and mirrors from the REAL big scandal, Fast and Furious. Still if Obama gets a black eyes from Solyndra corruption, fine enough.

Thu, 09/15/2011 - 20:10 | 1675554 mynhair
mynhair's picture

Jail would be better.

Oh, for the days of a simple Watergate!  Now there was a crime GS couldn't get in on!

Fri, 09/16/2011 - 09:13 | 1676666 Silver Dreamer
Silver Dreamer's picture

Right on the money as usual, SD1.  The circus has moved on to the next show.  People should be careful to watch off stage.

Thu, 09/15/2011 - 20:06 | 1675534 Homey Da Clown
Homey Da Clown's picture

$5 says the next revelation will be Uncle  Warren thought up the idea of the loan in the bathtub while vacationing with Soros.

Thu, 09/15/2011 - 20:18 | 1675588 MiguelitoRaton
MiguelitoRaton's picture

Uncle Warren got clean, the taxpayer took a bath...

Thu, 09/15/2011 - 20:06 | 1675536 Max Cynical
Max Cynical's picture

I wonder how much GS extorted from Solyndra in exchange for guaranteed tax payer $?

Thu, 09/15/2011 - 20:07 | 1675539 Belarus
Belarus's picture

I wonder how much GS extorted from Solyndra in exchange for guaranteed tax payer $? sex?

Thu, 09/15/2011 - 20:07 | 1675542 nmewn
nmewn's picture

The Morgue has got a baby on the board at BrightSource as well...1.6 billion in taxpayer backed loan guarantees. NRG & Google were a little more reserved in their earned capital enthusiasm...few hundred mill

There's a convention in Cronyville!!!

Does this qualify me for Attack Watch? ;-)

Thu, 09/15/2011 - 20:11 | 1675559 mynhair
mynhair's picture

Already reported...

Thu, 09/15/2011 - 20:17 | 1675585 JohnG
JohnG's picture

Same goes for you cat.  Bad kitty, bad.

Thu, 09/15/2011 - 20:24 | 1675618 mynhair
mynhair's picture

Hey JG!  Cut me some slack.  I reported Maxine Waters first!

'Let my people go!'

Thu, 09/15/2011 - 20:55 | 1675712 JohnG
JohnG's picture

No.  I reported my own cat.  And my three dogs.  We're all teeerrrrissst's.

Thu, 09/15/2011 - 20:21 | 1675604 CompassionateFascist
CompassionateFascist's picture

Don't laugh. Look at the color scheme: black (death) + red (blood). This is how death-lists are compiled. 1860--------->2012.

Thu, 09/15/2011 - 20:25 | 1675623 nmewn
nmewn's picture

Just heard growling/barking & screams in the woods...dogs came back panting...but they look satisfied.

What could it all mean? ;-)

Thu, 09/15/2011 - 20:58 | 1675720 JohnG
JohnG's picture

Those were my dogs.  Big m'fers.  Two of them outweigh me by 80 pounds or so.  Half & half husky/wolf.  (have to be careful with them....the lady that had them got hurt, vet sent me to her).

Thu, 09/15/2011 - 21:06 | 1675744 nmewn
nmewn's picture

Mine are all American bulldogs, a red & a blue...great with kids, very territorial.

As the saying goes down here...if you cross the fence, your soul may belong to Jesus but your ass belongs to

Thu, 09/15/2011 - 21:29 | 1675810 JohnG
JohnG's picture

Never had a bulldog.  I had a boxer once, he was great with kids too.  Played hide and seek with them.

I had a pit bull/rotweiler mix once I've ALWAYS had animals around), he was fun too, but damn was he big.

I go through three bags of Purina lamb and rice a week these days, buy it a truckload at a time.

The entire property is fenced and gated, and I always have to tell people to stay in thier fucking cars until I get the dogs penned.....

Don't know what I would do if someone came in unannounced.  Dogs would likely get them....then the police would come....could get ugly.  I have posted signs EVERYWHERE.  But still.  Never had to deal with that thankfully.  I'm way the fuck out in the middle of nowhere Ga.  It's a tree farm, acres and acres of pine trees.  Grow some firs (not very well) for Christmas trees, and a big, big garden.

Besides my gold (and my wife I guess), my tractor is my prize possesion!  Plus my dogs.  :)

Thu, 09/15/2011 - 22:32 | 1675963 nmewn
nmewn's picture

"Never had a bulldog."

They're about like any other...its what you make out of them when they're young. First one was a red. Once I convinced my wife to disbelieve the hype/crap in the press, she fell in love with her golden eyes. A lot of guys use them for chasing here (hogs mostly) the dogs love it. But you get em young so they understand the family is the pack and everything else is not.

I have to say the best dog I ever had was a husky/german shepard. He (Marc) was so damn smart he knew yes and no. "Hey want a bath?" Woof. "Hey Marc, you want a bone?" Woof Two was was no. Damndest thing I ever seen. You could do it with anything...swimming, go for a ride, gotta put you on a leash...anything, it was weird. And there was the bond...he knew we knew.

I used to only put him on a leash when we went to the vet. A snap of the finger or a word was enough...always. Helluva a dog.

Now I just have dogs. We care for them and they care for us...but Marc was different.

One last one on him, Marc (seeing as how I've gone this

When I lived in the city, I would have the front door of the house open watching TV or whatever and he would lay there half in and half out. There was a guy who would walk his dog (on a leash) around the block and over time I noticed he would cross the street to walk in front of our house. Seemed like taunting...Marc would raise up...I'd say relax or snap my fingers and he'd lay back down with a

One day I was next door sitting in the garage of a neighbor (WWII vet) shootin the breeze and Marc perked up. It was them. Whatever it is with dogs that don't like each other this was the day. The other dog barked and growled & that was it...Marc was out on him. So, I go running out to seperate them and their locked up...jaw to jaw.

I looked him in the eye and said "Marc!!!...let him go!!!" He did. And that other fucking dog sunk his fangs into my left leg. Marc grabs him by the neck and slings him to the ground cutting him up pretty good...

And I those few seconds from command to his reaction to my seemed his eyes never left my if to say...see I told you, you dumb shit, this dog hates us.

Best dog I ever had...all the


Fri, 09/16/2011 - 02:13 | 1676260 DollarMenu
DollarMenu's picture

Thanks for the Marc stories nmewn.

Those memories will last you to the end.


Fri, 09/16/2011 - 06:09 | 1676395 nmewn
nmewn's picture

He was a good one.

Pet owners should consider themselves lucky to have that one special one. Marc was that one for me. He was the last one out in the litter. I know because I had to help his mother...she was exhausted.

Marc had a full life...he even got bit by a diamondback when we moved up here. His head swelled up like a beachball. He came through that too.

He was one helluva a dog.

Fri, 09/16/2011 - 07:18 | 1676429 New_Meat
New_Meat's picture

nmewn-do you track registered Bulldogs?  I have an old boss who had a series of 'em.  Thanks,

- Ned

Fri, 09/16/2011 - 19:20 | 1678939 nmewn
nmewn's picture

Naw...registered is way to expensive for my taste. I've seen some go for as high as 1000 bucks. Plus my house is like a damned magnet for runaway

The current blue & red ones were given to me though...some of the best yard dogs in the world and will chase and/or fight till they collapse. What they lack in intelligence they make up for in tenacity and strength.

At some point I'll get another shepherd I suppose (its awful hot on em down here though)...the pits are good dogs if they're raised right.

Just like any other dog, if the master is an immature egomaniac the dog will be completely screwed up too.

Thu, 09/15/2011 - 23:04 | 1676026 High Plains Drifter
High Plains Drifter's picture

in texas the law is much more lenient than florida i think...........take for example the case several years ago in houston. a guy notices 4 guys stealing things off of his car in the aparment parking lot. he leans out the windown and shoots and kills all 4 of them. the case goes before the grand jury and he is no billed...........this shit happens all the time.......comments? 

Fri, 09/16/2011 - 06:48 | 1676415 nmewn
nmewn's picture

Those four won't be stealing

State to state law should be respected. Those four chose to commit the crime and ignorance of the law is no excuse for doing the crime.

We have the Castle Doctrine here too. Not sure how we would apply it to a common parking lot in an apartment complex. So it seems Texas is more lenient in the protection of personal property.

Speaking for my situation, the private residence would be different in my mind. From my front gate to my front door is around 900 feet off the road. Here, at my home (not an apartment complex) I would drop them too I suppose because they made more of an effort to come down wouldn't be a crime of opportunity they would be committing here.

The criminal brazeness would be obvious and I do carry a weapon in my if they're in my truck, they probably have my weapon there.

I shoot them all from the house and the gene pool is contribution to humanity ;-)

Thu, 09/15/2011 - 20:16 | 1675579 JohnG
JohnG's picture

Yes.  Report yourself.

I reported myself yesterday.

Also reported all three of Oblunder's speeches, suspect: Oblunder.

Thu, 09/15/2011 - 20:26 | 1675626 mynhair
mynhair's picture

You listened to three (3 for Libs) spews?

Double secret probation for you!

Thu, 09/15/2011 - 21:00 | 1675725 JohnG
JohnG's picture

Only for the drinking game...

Fri, 09/16/2011 - 09:28 | 1676720 Silver Dreamer
Silver Dreamer's picture

A drink for every "uh?"

Thu, 09/15/2011 - 20:08 | 1675547 Everybodys All ...
Everybodys All American's picture

Not only that but I'd be willing to bet that ole Goldman benefitted by shorting the stock to zero. Anyone?

Thu, 09/15/2011 - 20:10 | 1675557 Clint Liquor
Clint Liquor's picture

I'm sure the SEC will be right on it.

Thu, 09/15/2011 - 21:44 | 1675853 Hephasteus
Hephasteus's picture

If the paper shredders are broken. SEC's got your back.

Thu, 09/15/2011 - 20:08 | 1675548 Robslob
Robslob's picture



And we wondered why Lloyd got a Defense Attorney....?

Thu, 09/15/2011 - 20:10 | 1675553 Phishface
Phishface's picture

Squidly Diddly in the House.

Thu, 09/15/2011 - 20:16 | 1675560's picture

Just hit the snooze button...its Groundhog know whats coming.....

Thu, 09/15/2011 - 20:18 | 1675590 PMakoi
PMakoi's picture

The only thing I see about loans in Title VII (which by the way, was about vehicle and fuels, I don't see the word solar anyplace, but why dither over such trivial matters) is right here;



(a) IN GENERAL.—Subject to the availability of adequate appropriations,

the Administrator shall use 30 percent of the funds

made available for a fiscal year under this subtitle to support

grant and loan programs administered by States that are designed

to achieve significant reductions in diesel emissions.

(b) APPLICATIONS.—The Administrator shall—

(1) provide to States guidance for use in applying for grant

or loan funds under this section, including information


(A) the process and forms for applications;

(B) permissible uses of funds received; and

(C) the cost-effectiveness of various emission reduction

technologies eligible to be carried out using funds provided

under this section; and

(2) establish, for applications described in paragraph (1)—

(A) an annual deadline for submission of the applications;

(B) a process by which the Administrator shall approve

or disapprove each application; and

(C) a streamlined process by which a State may renew

an application described in paragraph (1) for subsequent

fiscal years.


(1) IN GENERAL.—For each fiscal year, the Administrator

shall allocate among States for which applications are approved

by the Administrator under subsection (b)(2)(B) funds made

available to carry out this section for the fiscal year.

(2) ALLOCATION.—Using not more than 20 percent of the

funds made available to carry out this subtitle for a fiscal

year, the Administrator shall provide to each State described

in paragraph (1) for the fiscal year an allocation of funds

that is equal to—

(A) if each of the 50 States qualifies for an allocation,

an amount equal to 2 percent of the funds made available

to carry out this section; or

(B) if fewer than 50 States qualifies for an allocation,

an amount equal to the amount described in subparagraph

(A), plus an additional amount equal to the product

obtained by multiplying—

(i) the proportion that—

(I) the population of the State; bears to

(II) the population of all States described in

paragraph (1); by

(ii) the amount of funds remaining after each State

described in paragraph (1) receives the 2-percent

allocation under this paragraph.


(A) IN GENERAL.—If a State agrees to match the allocation

provided to the State under paragraph (2) for a fiscal

year, the Administrator shall provide to the State for the

fiscal year an additional amount equal to 50 percent of

the allocation of the State under paragraph (2).


(i) may not use funds received under this subtitle

to pay a matching share required under this subsection;


(ii) shall not be required to provide a matching

share for any additional amount received under

subparagraph (A).

(4) UNCLAIMED FUNDS.—Any funds that are not claimed

by a State for a fiscal year under this subsection shall be

used to carry out section 792.


(1) IN GENERAL.—Subject to paragraphs (2) and (3) and,

to the extent practicable, the priority areas listed in section

792(c)(3), a State shall use any funds provided under this

section to develop and implement such grant and low-cost

revolving loan programs in the State as are appropriate to

meet State needs and goals relating to the reduction of diesel


(2) APPORTIONMENT OF FUNDS.—The Governor of a State

that receives funding under this section may determine the

portion of funds to be provided as grants or loans.

(3) USE OF FUNDS.—A grant or loan provided under this

section may be used for a project relating to—

(A) a certified engine configuration; or

(B) a verified technology.



Thu, 09/15/2011 - 20:29 | 1675632 mynhair
mynhair's picture

'approved by the Administrator'

Just like ObamaDeath.

Thu, 09/15/2011 - 20:18 | 1675591 ReactionToClose...
ReactionToClosedMinds's picture

in a different world there would be an almost permanent investigation/DOJ unit re: GS

I just wanna know what they see 'really' happening for the next 4 months .... all their 'placements' .... they have better economic 'intelligence' certainly than the CIA.

The French are best at financial security at the national level .... they (a small cadre like of 4-10 guys) .. .they have to 'know' stuff about Goldie that would make most mortals head explode

Thu, 09/15/2011 - 20:19 | 1675594 Rockfish
Rockfish's picture

How could this be surpising, every Fkn treasury sec. we've ever had has come from GS. It's thier world.

Thu, 09/15/2011 - 20:22 | 1675609 TwelfthVulture
TwelfthVulture's picture

Not just us.  The halls of power throughout the known world are populated with Goldman alums.

Thu, 09/15/2011 - 22:38 | 1675978 zerozulu
zerozulu's picture

Were they all Jews? Just curious. 

Thu, 09/15/2011 - 20:23 | 1675613 Lady Heather...UNCLE
Lady Heather...UNCLE's picture

...all your money ARE belong to us"...corrected it myself (and properly!)

Thu, 09/15/2011 - 20:23 | 1675614 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

This must be why Lord Blankfein hired that DC atterny.

Thu, 09/15/2011 - 21:05 | 1675741 Bay of Pigs
Bay of Pigs's picture

When you coming over to Turd's site to visit? The place is rockin...

Thu, 09/15/2011 - 21:18 | 1675779 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Unfortunately my computer always freezes up when I log onto that site.  I use a really old computer.

Thu, 09/15/2011 - 22:07 | 1675910 Hephasteus
Hephasteus's picture

Wow he's got a nice board going. Tons of good info and fantastic community.

Thu, 09/15/2011 - 20:25 | 1675622 libertus
libertus's picture

Just posted this article on the  website. I said, "Looks like Obama Administration has engaged in Crony Capitalism. Seems as though our Dear Leader is completely bought and paid for by Goldman Sachs. Is this true? Please tell me it is not. I look forward to your answer."

I say we spam the hell out of that facist snitch site. Just overload them with facts that they have to refute. I for one will not go quietly into this night of darkness they are imposing upon us. 

Thu, 09/15/2011 - 20:35 | 1675652 nmewn
nmewn's picture

I think everyones been blasting it...a resounding success.

We should also do as Barry or write your congressman in support of The American Jobs Act placed before Congress.

Which is HR 2911 ;-)

Thu, 09/15/2011 - 20:42 | 1675676 TwelfthVulture
TwelfthVulture's picture

Oh, yes indeed!  I wonder what he will call it now on his stump speeches.

Thu, 09/15/2011 - 20:56 | 1675714 nmewn
nmewn's picture

Shhh, I'm hunting wabbits...heh heh heh.

Thu, 09/15/2011 - 21:13 | 1675761 scatterbrains
scatterbrains's picture

your an agitator.. I'm compiling a list of all you bitches and when the time is right I'm getting me some SNAP card bonus points for all my patriotic efforts.

Thu, 09/15/2011 - 21:26 | 1675798 Ricky Bobby
Ricky Bobby's picture


Thu, 09/15/2011 - 20:25 | 1675624 libertus
libertus's picture

Just posted this article on the  website. I said, "Looks like Obama Administration has engaged in Crony Capitalism. Seems as though our Dear Leader is completely bought and paid for by Goldman Sachs. Is this true? Please tell me it is not. I look forward to your answer."

I say we spam the hell out of that facist snitch site. Just overload them with facts that they have to refute. I for one will not go quietly into this night of darkness they are imposing upon us. 

Thu, 09/15/2011 - 20:34 | 1675650 Homey Da Clown
Homey Da Clown's picture

Please expect a knock on the door shortly by the Bammy police. Nothing like a modern day Communist "turn in your friend" website to make you feel all warm and fuzzy.  Isn't this the same Obammy who was all about civility and bipartisanship?

More Chicago thuggery.

Thu, 09/15/2011 - 21:01 | 1675727 OldPhart
OldPhart's picture

Since this is a rehash of I'm inviting everyone to self report...frequently.  Posting to FB status also.  Spread the word.

Thu, 09/15/2011 - 20:29 | 1675635 americanspirit
americanspirit's picture

All it will take is one special prosecutor with guts and integrity, just like it only took one good man to get "I am not a crook" Nixon. This may, please God, be the end of Obama but unfortunately the Squid will probably survive - although the idea that GS may be a front for multinational 'Intelligence' organizations is brilliant and could under the right circumstances ( Ron Paul/Elizabeth Warren 2012 for example) lead to some payback for all the dirty tricks they've pulled.

Thu, 09/15/2011 - 20:39 | 1675668 JustACitizen
JustACitizen's picture

I just cannot imagine how this all has come to pass.

Jim Cramer - always wrong - still out there.

Donald Trump - perpetual bankrupt -OPM

Goldman Sachs - your money is our money

CNBC/Fox - all opinion - never facts

Ignorance is now enshrined, endorsed, compensated...was it always this way and I just missed it?


Thu, 09/15/2011 - 20:48 | 1675694 wisefool
wisefool's picture

Didn't we have a poster here who used to tell us to invest in chinese solars? Isn't this a case where that would have been a good bet because the chinese have the tech and two factories right now? Basically for free?

Zerohedge is right even when it does not think it is right.

Fri, 09/16/2011 - 07:26 | 1676432 New_Meat
New_Meat's picture

Leo hasn't been around for a while.

Thu, 09/15/2011 - 20:43 | 1675679 Stu
Stu's picture

China to 'liquidate' US Treasuries, not dollars

A key rate setter-for China's central bank let slip – or was it a slip? – that Beijing aims to run down its portfolio of US debt as soon as safely possible.

"The incremental parts of our of our foreign reserve holdings should be invested in physical assets," said Li Daokui at the World Economic Forum in the very rainy city of Dalian – former Port Arthur from Russian colonial days.

"We would like to buy stakes in Boeing, Intel, and Apple, and maybe we should invest in these types of companies in a proactive way."

"Once the US Treasury market stabilizes we can liquidate more of our holdings of Treasuries," he said.

To my knowledge, this is the first time that a top adviser to China's central bank has uttered the word "liquidate".


Thu, 09/15/2011 - 20:49 | 1675699 Logans_Run
Logans_Run's picture

Just a thought? This second plant was built in Fremont, CA which also happens to be where GM/Toyota closed their auto production business NUMI. Just wondering if the Solyndra jobs were at union scale and if they were in fact UAW employees? Just a thought. Is there an Obama/Union connection to this business as well?

Thu, 09/15/2011 - 20:52 | 1675705 BurningFuld
BurningFuld's picture

To Goldman:  What a spectacularly bad analysis. How on earth could you be so wrong. You look like a bunch of third grade morons. Next time you want to do something like this please let me know. You can contact me here. I will gladly provide a couple of hours of my time for free and save you the great embaressment you would otherwise incure.  You are welcome.

Thu, 09/15/2011 - 20:56 | 1675715 caerus
caerus's picture

funny how dr kelley truman bailed to head deeya energy...good timing doc

Thu, 09/15/2011 - 20:56 | 1675716 xtop23
xtop23's picture

Oh nice the squid is involved theres a fucking shock. Is there ANY honest people in finance or the government anymore ?

Thu, 09/15/2011 - 21:20 | 1675724 Homey Da Clown
Homey Da Clown's picture

Tyler, the trail of crumbs inches closer and closer to Obammy every day.


"Emails obtained by The Associated Press show that a White House official dismissed reports about Solyndra's gloomy future. An email from Greg Nelson, a White House official who had been involved in the planning of Obama's May 2010 trip to Solyndra's headquarters, to a Solyndra executive downplayed a July 2010 news story in a trade publication that criticized the company's financial health.

"Seems B.S.," Nelson wrote.

Last May, a Solyndra email informed the White House that "things are going well" at the company and that it had "good market momentum, the factory is ramping up and our plan puts at cash positive later this year. Hopefully, we'll have a great story to tell toward the end of the year

Nelson, the White House official, replied: "Fantastic to hear that business is doing well _ keep up the good work! We're cheering for you!

"There's no evidence that the White House was involved in the loan," Carney said Thursday. Emails that show White House officials pressuring the administration's budget office about the loan were about scheduling, he said.

"The White House was involved in trying to find out when a decision would be made, so ... staff here could make a decision about the vice president's having an event" at Solyndra headquarters in September 2009, Carney said.

The evidence of unseemly activity between failed solar panel maker Solyndra and the Obama administration continues to mount. Recently released e-mails show that company spokesman David Miller went above and beyond in wooing a White House official after the president’s May 2010 visit to Solyndra’s headquarters, Politico reports.

In a message to White House special assistant Johanna Maska the day after Obama’s visit, Miller wrote, "If you tire of the White House life and ever decide you want to move out with your best friends in [California, where Solyndra was based] let me know. We could find you a great corporate gig very quickly."

"If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY," wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The "West Wing" is the portion of the White House complex that holds the offices of the president and his top staffers. Klain declined comment to ABC News. One email to an OMB official in September 2009 noted “the time pressure we are under to sign off on Solyndra.


It's not like everyone knew the plan wouldn't work....oh wait.They did


Thu, 09/15/2011 - 21:03 | 1675732 tempo
tempo's picture

Solynarda was using obsolete tint technology discarded by the Chinese. Only in the US would "stupid outrank greedy".  Of course, as long as its "solar" , its green and its good.  Economies are not necessary in the USA.  But you must feel good.   The Congressional hearings today were interesting.  Obviously, the plant construction was a payback to Speaker Polosi as it was built near San Francisco.  Who cares if the plant never produces anything?  The plant was going to make junk anyway.  It was the contractors, consultants, and management that make billions.  The Country is just so disfunctional.  Maybe the environmentalist just don't care about anything but feeling good.

Thu, 09/15/2011 - 21:03 | 1675733 tempo
tempo's picture

Solynarda was using obsolete tint technology discarded by the Chinese. Only in the US would "stupid outrank greedy".  Of course, as long as its "solar" , its green and its good.  Economies are not necessary in the USA.  But you must feel good.   The Congressional hearings today were interesting.  Obviously, the plant construction was a payback to Speaker Polosi as it was built near San Francisco.  Who cares if the plant never produces anything?  The plant was going to make junk anyway.  It was the contractors, consultants, and management that make billions.  The Country is just so disfunctional.  Maybe the environmentalist just don't care about anything but feeling good.

Thu, 09/15/2011 - 21:08 | 1675747 caerus
caerus's picture

it's a shame because they appeal to the good intentions of the public to justify their least the oil companies have the decency to be dirty

Thu, 09/15/2011 - 21:30 | 1675811 Homey Da Clown
Homey Da Clown's picture

A former Solyndra employee claims the company wasted well over $100,000 a day. and the company discarded huge amounts of product because of faulty production processes. And yes, the Chinese are not subsidizing this  inferior form of solar technology. Couple that with a business model where you  manufacture a product at $6 aunit and sell it for $3 a unit is doomed for failure.  In addition, the Obammy administration was well aware the price of this technology was going to plummet, thus decreasing margins further.

Finally, the location of  the plant is highly suspect. Who builds a new plant in the most highly regulated location in America in an area that is not condusive to their business, when there are literally hundreds of vacant locations in California? Why build other than for a payback to Pelosi?

There needs to be a Special Prosecutor appointed asap before the shredding parties start at 1600.

Thu, 09/15/2011 - 21:04 | 1675735 alien-IQ
alien-IQ's picture

wherever you find a financial will find the tentacles of the sure as the sun rises in the east.

Thu, 09/15/2011 - 21:07 | 1675745 SaveTheGreenback
SaveTheGreenback's picture

Remeber: He still has at least a year left to do even more damage to the economy and steal more of your tax money to fund the next Solyndra.

Thu, 09/15/2011 - 21:07 | 1675746 SaveTheGreenback
SaveTheGreenback's picture


Thu, 09/15/2011 - 21:12 | 1675758 Moneyswirth
Moneyswirth's picture

Apparently the only jobs to be created by the Obama administration will be aides to special prosecutors.

In all seriousness, there needs to be a special prosecutor for Solyndra and Fast and Furious.  Both are egregious mismangement and scandalous use of government resources and abuse of power.  Anything less than thorough investigations and resulting mass firings throughout this corrupt adminstration should be grounds for revolt by the sheeple.

Walk away from your iPads and Hot Pockets people. Wake up morons!

Thu, 09/15/2011 - 21:16 | 1675767 Bithead1
Bithead1's picture

I am he and the end time is near...

Thu, 09/15/2011 - 21:17 | 1675772 Ned Zeppelin
Ned Zeppelin's picture

Jesus Cripes. Goldmaned. Again. 

Thu, 09/15/2011 - 21:21 | 1675774 anynonmous
anynonmous's picture
August 12, 2008, (pre Obama pre free taxpayermoney)

Goldman Sachs, the lead bank on the (Solyndra) deal, is trying to sell $120 million of convertible securities to existing investors and $230 million to newcomers. The convertible securities could be converted to Solyndra shares in the event of an IPO. Assuming an IPO can be pulled off,,,,

Other companies have used convertible funding to move into mass production, but the numbers and circumstances surrounding this one appear to push the stakes somewhat high. First, Solyndra hasn't sold any products yet. Second, it's got quite an unusual product


Many VCs have begun to discuss a solar bubble and fear that many companies are overvalued. Combined, the leadings CIGS companies--a list that includes HelioVolt and Nanosolar--have already raised hundreds of millions of dollars. Several analysts (including some at Goldman) also expect the silicon shortage to ease next year, which could dent some of the appeal of CIGS by lowering the price of silicon solar cells. Many silicon solar cell manufacturers are expected to bring manufacturing capacity online over the next several years. So, in a nutshell, Goldman Sachs wants to raise over one third of a billion dollars on an experimental product that will enter an increasingly crowded market.


(Time to subpoena Goldman on this -   it was a dog and if they knew it__)

Thu, 09/15/2011 - 21:26 | 1675801 nmewn
nmewn's picture

I love ZH...+ one sunburn ;-)

Thu, 09/15/2011 - 21:19 | 1675783 willien1derland
willien1derland's picture

'Anywhere you look... Goldman has already been there.' - Goldman Sachs, the modern day Kilroy...

Thu, 09/15/2011 - 21:27 | 1675805 anynonmous
anynonmous's picture
Solar panel producer (not Solyndra) tied to Kanjorski receives (a different) $400M federal loan


July 2010

A Colorado-based solar panel manufacturer for which the nephew of U.S. Rep. Paul Kanjorski is vice president of marketing has received a $400 million loan guarantee from the U.S. Department of Energy.

The loan commitment to Abound Solar Manufacturing - announced by President Barack Obama during his July 3 weekly radio address - is to increase solar panel production at an existing plant in Colorado and build a second plant in Indiana that will create more than 1,200 jobs, a company statement said.

Read more: Read more:
Thu, 09/15/2011 - 21:33 | 1675823 nmewn
nmewn's picture

Kanjorski again?...Cornerstone Technologies LLC.


Thu, 09/15/2011 - 21:35 | 1675827 anynonmous
anynonmous's picture

July 13, 2010


Kanjo nephew works at (Solar) firm that gets loan $400M loan a coincidence, says Kanjorski. Election foe says Kanjorskis must just be lucky.



Thu, 09/15/2011 - 21:30 | 1675815 Downtoolong
Downtoolong's picture

exclusive financial advisor to Solyndra in connection with this loan guarantee application

Yea, Goldman is expert at techniques for getting government loan gurantees that you don't deserve, like getting declared a bank holding company and then getting exemptions for their risk management practices which don't qualify in traditional banking. By the way, I'm still waiting to see the list of all the banks Goldman is holding, outside of the Cayman Islands that is.

What a bunch of cons. I wouldn't be surprised if Goldman's fee for these advisory services was paid in carbon credits which they sold to some coal miner in Europe for three times the price.


Thu, 09/15/2011 - 21:33 | 1675824 liberalscreateslaves
liberalscreateslaves's picture

Green Scam!!!!!

Thu, 09/15/2011 - 21:38 | 1675834 Yen Cross
Yen Cross's picture

  It used to be people were the " Pawns" and " Money" the bi -product of the transaction...


     People are the bi-product of the transaction these days. BTW/ that Hong Kong revalue?


       SNB/BoJ/Mof/BoK/ Singapore/ Cyn/ Russia...  Ect...~>

Thu, 09/15/2011 - 21:43 | 1675850 Yen Cross
Yen Cross's picture

 Every " Dirt Bag" has a Secretary {12} levels deep to answer the Phones!!!  The effin / Disfunctional Government invented the idea!!!

   Layers upon layers/ into "OBLIVION"...



Thu, 09/15/2011 - 21:48 | 1675868 Rodent Freikorps
Rodent Freikorps's picture

Bureaucracy is still in the original French as well.

The French sure invented a lot of evil things.

Thu, 09/15/2011 - 21:49 | 1675872 buzzsaw99
buzzsaw99's picture

No-bid contracts for HAL, trillions missing from the DOD, pallets of cash missing in Iraq. What is everyone here all upset about? A few paltry billion dollars worth of DOE contracts that don't feed big oil and the MIC. BOO FREAKING HOO! The DOE funds a lot of research, and it goes to this district or that. The whole freaking CONgreff feeds pork here and there but none of you limp dick tea swilling maggots care about that, you just want to git them damn libruls. retards.

Do NOT follow this link or you will be banned from the site!