Thursday, September 1, 2011

Solar Company Folds After $0.5B In Subsidies

From Slashdot:
"Solyndra, a Silicon Valley solar energy firm, subsidized to the tune of $500 million and held as a 'gleaming example of green technology,' announced bankruptcy yesterday. 1,100 employees fired."

If you can't make a self sustaining company after burning through $500 Million you deserve prison time.

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