$50,000 bonuses for Solyndra employees?

Just when we thought we’d seen the last of Solyndra, the poster child for the Obama DOE’s reckless and wasteful ‘green jobs’ plan that essentially amounted to government bureaucrats playing venture capitalism with taxpayer money.    But the Solyndra saga is far from over, in fact, the bankrupted company is asking the courts to grant hefty bonuses to dozens of employees:  

  Yes, I’m certain that American taxpayers who are worried about their own jobs and struggling to put food on the table will sympathize with workers at a failed solar panel company’s need for “motivation.”



Bankrupt Solyndra seeking to pay bonuses

Court’s OK sought for ‘incentive plan’

By Jim McElhatton

The Washington Times

Wednesday, January 11, 2012

Now seems an unlikely time for handing out bonuses at bankrupt Solyndra LLC, but that’s the plan of company attorneys intending to dole out up to a half-million dollars to persuade key employees to stay put.

Nearly two dozen Solyndra employees could receive bonuses ranging from $10,000 to $50,000 each under a proposal filed by Solyndra’s attorneys in U.S. Bankruptcy Court in Delaware.

The attorneys say the extra money will add motivation at a time when workers at the solar company have little job security and more responsibilities because so many of their colleagues have been fired.