FREMONT (CBS 5) — After filing for bankruptcy last year, Fremont solar company Solyndra still owes American taxpayers half a billion dollars. But CBS 5 caught them destroying millions of dollars worth of parts. At Solyndra’s sprawling complex in Fremont, workers in white jumpsuits were unwrapping brand new glass tubes used in solar panels last week. They are the latest, most cutting-edge solar technology, and they are being thrown into dumpsters. Forklifts brought one pallet after another piled high with the carefully packaged glass. Slowly but surely it all ended up shattered. And it’s not a few loads. Hundreds of thousands of tubes on shrink-wrapped pallets will meet a similar demise. Solyndra paid at least million for the specialized glass. A CBS 5 crew found one piece lying in the parking lot. Solyndra still owes the German company that made the tubes close to another million. So why is a bankrupt company that owes a fortune to creditors, including American taxpayers, throwing away millions of dollars worth of assets? Solyndra is not commenting. But court documents reveal the company received permission from the bankruptcy trustee to abandon the high grade glass, the court agreeing that it was of “inconsequential value” because the cost of storing them exceeds their value. An employee for Heritage Global Partners, the company in charge of selling Solyndra’s assets, told CBS 5 they conducted an exhaustive search for buyers but no one wanted them. But how …
funny how Obama is getting a free pass on this even though this is part of his green energy agenda
How absurd. They steal millions and people are concerned they are not recycling. That’s just weird.
I love how these news people don’t mention Obama once!!! They called everybody for a comment, didn’t think to call the white house? If G Bush was prez u can bet he would b all over this report.
@Jennofthejungle49, hmmm, are we reading the same comment here lol
@DIEversity401 Obama is a JOOO?
Read “Joo’s Must Live” by Samuel Roth in 1934. This is a classic jooish business trick….