Wednesday, 28 September 2011
Bride of “Why government costs so muchâ€
UPDATE (110929 14:40): Well, possibly this?
Of that $1 billion in guarantees, $737 million went to "Tonopah Solar,†a subsidiary of a California-based company named SolarReserve. Which has an "investment partner†called PCG. Whose number-two man just happens to be Nancy Pelosi’s brother-in-law.
Nothing like keeping it all in the family.
(Update rewritten from this report by Jim Hoft, via American Glob via the invaluable AOS sidebar.)
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This Time For Sure! Dept
Associated Press: ...The Energy Department has approved two loan guarantees worth more than $1billion for solar energy projects in Nevada and Arizona..., under the same program that paid for a $535 million loan to Solyndra Inc., a now-bankrupt solar panel maker...What could possibly go wrong?
UPDATE (110929 14:40): Well, possibly this?
Of that $1 billion in guarantees, $737 million went to "Tonopah Solar,†a subsidiary of a California-based company named SolarReserve. Which has an "investment partner†called PCG. Whose number-two man just happens to be Nancy Pelosi’s brother-in-law.
Nothing like keeping it all in the family.
(Update rewritten from this report by Jim Hoft, via American Glob via the invaluable AOS sidebar.)
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