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Remember when Solyndra stole $700 million dollars from the taxpayers by accepting a loan/grant from the Obama administration, then paid out a shit ton of bonuse
by samstave 7y ago
Remember when Solyndra stole $700 million dollars from the taxpayers by accepting a loan/grant from the Obama administration, then paid out a shit ton of bonuses to execs, then killed everyones accounts one night and people just showed up to work the next day to find the doors lock and all their accounts disabled?
The CIO took multiple ~$75,000 bonus days and weeks before the closure.
The IT manager got a ~$25,000 bonus days before locking all accounts and killing exchange.
- matthewowen 7y agoIs there a relationship between this and the situation at Bird?
- fingerlocks 7y agoThey both mishandled lay-offs?
- fingerlocks 7y agoCurious why this post was flagged? Not sure what rule is violated. Anyway, I do remember the Solyndra scandal, but I’d wager most don’t. I mostly recall the sparse media attention given at the time. Agreed, that was one of the sloppiest and mishandled lay-offs I can think of. That should be a case study of exactly how not to fold a company.
- d23 7y ago> Curious why this post was flagged? Not sure what rule is violated. I suppose because it's a political tangent.
- Qub3d 7y agoI see several reasons why this was flagged. From the HN guidelines[0]: > Eschew flamebait. Don't introduce flamewar topics unless you have something genuinely new to say. Avoid unrelated controversies and generic tangents. > Please don't use Hacker News for political or ideological battle. That destroys the curiosity this site exists for. [0]: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- fingerlocks 7y agoIt's a stretch to call this political. The mentioning of the Obama grant, which is barely relevant to GP's point, is a far cry from flamebait. What are the other reasons for the flagging?
- samstave 7y agoThe point of calling out the grant, is that the US just created a two trillion dollar stimuls package - ostensibly to help small businesses and others from laying people off - yet we have the highest unemployment ever, millions laud off in a week and tons of businesses closing. Whre is that 2 trillion follars going? Funny you should ask - they pushed for no oversight. This is the biggest theft of wealth in history.