The Energy Department announced Wednesday that is has finalized more than $1 billion in loan guarantees for two separate solar projects.The decision comes several weeks after Solyndra, a California-based solar manufacturer, received a $535 million loan guarantee from the Obama administration in 2009 filed for bankruptcy and laid off 1,100 workers, setting off a firestorm in Washington.
thehill.com
Just look what we got for that $535 million loan:
...the glass-and-metal building that Solyndra LLC began erecting ... in September 2009 ... wasn’t just any factory ... it covered 300,000 square feet, the equivalent of five football fields. It had robots that whistled Disney tunes, spa-like showers with liquid-crystal displays of the water temperature, and glass-walled conference rooms.
