The Washington Times

Solyndra Llc

Latest Solyndra Llc Items
  • The headquarters of Solyndra Inc. in Fremont, Calif., are shown in May 2010. (AP Photo/Paul Sakuma)

    Bonuses given after raises at Solyndra

    Several of the nearly two dozen employees at bankrupt solar panel maker Solyndra LLC who were approved for bonuses Wednesday had months earlier received pay raises as high as 70 percent, a fact the company never disclosed in its request for bonus cash.


  • **FILE** Solyndra headquarters in Fremont, Calif. (Associated Press)

    Solyndra bonuses reduced; fired workers irked

    Attorneys for solar-panel maker Solyndra LLC say they've reduced by more than $100,000 the amount of bonus money they want to pay a handful of current employees still working for the bankrupt company.


  • **FILE** Solyndra headquarters in Fremont, Calif. (Associated Press)

    More Solyndra glass being scrapped for a loss

    More glass tubes at bankrupt solar panel maker Solyndra LLC are headed for the scrap heap.


  • A worker leaves with a moving box Wednesday at Solyndra in Fremont, Calif. The solar-panel manufacturer, which received a $535 million loan from the U.S. government, has announced layoffs of 1,100 workers and plans to file for bankruptcy. A weak economy and strong overseas competition have proved insurmountable. (Associated Press)

    Republicans accuse White House of Solyndra stonewall

    House Republicans accused the White House on Thursday of stonewalling a congressional probe into the failed $535 million loan guarantee to bankrupt solar panel maker Solyndra LLC, and threatened to issue subpoenas later this month to secure interviews with "key administration staff."


  • **FILE** An auction sign is shown outside the Fremont, Calif., headquarters for bankrupt solar company Solyndra headquarters on Oct. 31, 2011, before the auction on the following day. Solyndra received a $500 million loan guarantee from the government before filing for bankruptcy in September. (Associated Press)

    Solyndra sold assets cheap for fast cash

    Fast running out of money, solar-panel maker Solyndra LLC last summer sold off nearly $60 million worth of inventory for less than $20 million in cash to a newly formed corporate entity closely tied to the company's biggest investors, records show.


  • Lobbying firm drops unpaid Solyndra bill

    A prominent Washington lobbying and public affairs firm has withdrawn a claim seeking more than $80,000 in unpaid fees for its work on behalf of bankrupt solar panel maker Solyndra LLC.


  • ON RECORD: FCC Chairman Julius Genachowski attended a meeting of interest to investigators of the bankrupt Open Range, which had been awarded a federal loan. (Associated Press)

    Wireless firm's creditors demand details of White House meeting

    Creditors of the bankrupt wireless company Open Range Communications, which closed in October owing more than $70 million in unpaid federal loans, say the Justice Department is refusing to turn over records as part of a court-ordered investigation, including details from a meeting between two top Obama administration officials and the White House.


  • **FILE** An auction sign is shown outside the Fremont, Calif., headquarters for bankrupt solar company Solyndra headquarters on Oct. 31, 2011, before the auction on the following day. Solyndra received a $500 million loan guarantee from the government before filing for bankruptcy in September. (Associated Press)

    Attorneys for laid-off Solyndra employees rail against bonus plan

    Attorneys suing Solyndra in a class-action lawsuit on behalf of former employees are criticizing plans by the company to hand out bonuses of up to $50,000 to 21 current supervisors and other employees.


  • Rep. Cliff Stearns wants to see communications between the Department of Energy and Morrison & Foerster LLP, which advised the department against the terms of Solyndra's loan restructuring. (Associated Press)

    House panel seeks more Solyndra documents

    A congressional panel investigating the bankrupt solar company Solyndra LLC wants a law firm that advised the government on the company's failed half-billion-dollar federal loan deal to turn over billing and other records.


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