WK Willard & Kelsey has obtained at least $19.5 million in direct aid and Federal loans. They applied for $100 Million dollars in Stimulus money, as well.
Biden visted the company in 2009 promising it would create 3,700 jobs, but they only ever had 90 or so employees.
They've been sued numerous times alledging fraud and corrupt biz practises.
WK Solar founders and many members of the Management Team originate from Glasstech, Inc. and Solar Cell, Inc., both founded by Harold McMaster, or nearby First Solar, Inc. In fact, True North Partners, LLC purchased a controlling interest in Solar Cell, Inc. back in 1999 and later renamed the company First Solar LLC!
Another Green scam for Democrat Cronies gone bad. Eh, what the hell... It's only TAXPAYER MONEY.
Ping.
Biden is either totally clueless or a premeditated liar.
Why aren't the Republican candidates demanding investigations and prosecutions for this and other examples of outright theft?
Republicans need to stop talking about nonsense and go after “green energy” corruption, Fannie Mae, Mexican drug gangs etc.
Gone bad?
For whom?
The taxpayer certainly but I expect it did exactly what the top level peopled planned as in walking away with large amounts of money they didn’t earn before closing down.
Over 100 Criminal Probes Related to Stimulus Funding in the Department of Energy Alone
http://www.weeklystandard.com/blogs/energy-department-ig-has-launched-over-100-crinimal-probes-related-stimulus-funding_607675.html
Obama Energy Department Is Going Back and Changing Solar Energy Loan Press Releases
The Obama Administration spent nearly half of the $38.6 billion ($17.2 billion) set aside for his green energy programs and was only able to create 3,545 permanent green jobs. This comes out to a staggering $4,853,000 per job.
TYPICAL
I guess the 3,600 employees are workingin China, since Biden couldn’t lie about W&S Solar employing 3,700 people. /s