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Solyndra lawsuit: Full refund to taxpayers
Washington Times ^ | 9-12-12 | Jim McElhatton

Posted on 09/13/2012 2:32:38 AM PDT by afraidfortherepublic

Many Americans were upset when solar-panel maker Solyndra filed for bankruptcy last September owing taxpayers more than $500 million, but retiree Robert Grady Jr. was different. The more he read about the failed company, the more irritated he became.

Finally, weeks after the bankruptcy case began, Mr. Grady did something he’d never done before. He filed a claim in U.S. Bankruptcy Court. It turned out to be the biggest single claim in the case — $535 million — but it wasn’t on behalf of himself. Rather, Mr. Grady, 57, made the claim on behalf of U.S. taxpayers because he said he didn’t trust Department of Energy lawyers to look out for taxpayers’ interests.

The retiree said he wasn’t looking for any money. He just wanted the loan money returned to the U.S. Treasury. Now, after more than a year, the bankruptcy case finally is grinding to a halt. Among the thousands of claims filed in the case, Mr. Grady’s is perhaps the most unusual.

“I’m not a lawyer, and I’ve never consulted a lawyer,” Mr. Grady said in a recent phone interview. “I just think the taxpayers are getting shafted.”

Mr. Grady filed his $535 million claim on a one-page handwritten form submitted to the U.S. Bankruptcy Court in Delaware on Nov. 11, 2011. In response to a question with regard to the basis for his claim, he wrote, “Money Loaned by DOE, representing U.S. taxpaying citizen.”

(Excerpt) Read more at washingtontimes.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: 2012; bankrupcy; doe; fraud; green; obama

1 posted on 09/13/2012 2:32:41 AM PDT by afraidfortherepublic
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To: afraidfortherepublic

Will the next Libyan ambassador please stand up?


2 posted on 09/13/2012 2:34:52 AM PDT by palmer (Jim, please bill me 50 cents for this completely useless post)
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To: palmer

I read this morning that the Egyptian Ambassador (a lady) has been safely in Washington during all this rioting.


3 posted on 09/13/2012 2:38:56 AM PDT by afraidfortherepublic (Joe Biden is reported to be seeking asylum in a foreign country so he does not have to debate Ryan.)
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To: afraidfortherepublic
I read this morning that the Egyptian Ambassador (a lady) has been safely in Washington during all this rioting.

As been report the Egyptians told Obama on September 4th

4 posted on 09/13/2012 2:52:34 AM PDT by scooby321 (AMS)
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To: afraidfortherepublic

Just take the $535 million out of Sheik Obomba’s paycheck.


5 posted on 09/13/2012 3:00:45 AM PDT by Fresh Wind ('People have got to know whether or not their president is a crook.' Richard M. Nixon)
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To: afraidfortherepublic
Two step ghetto money laundering.

They give money to bammy, bammy gives them our money!

6 posted on 09/13/2012 3:11:57 AM PDT by rawcatslyentist (I'd rather have a bottle in front of me, than a Barack 0b0tt0my!)
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To: afraidfortherepublic; palmer; STARWISE; onyx; maggief; LucyT; MinuteGal; thouworm; MestaMachine; ...

Solyndra is partly owned by Kaiser-Frances a Tulsa gas/oil company. Is it possible it is the same Tulsa based company that BO’s great grandfather Rolla Charles Payne worked for and is the basis of the Madelyn Payne-Durham Trust he has listed on the schedule E form of tax papers posted on the WH site?


7 posted on 09/13/2012 3:52:50 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then.)
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To: hoosiermama

Obama inherited a trust from his grandmother? I thought she was just a poor, hard working, typical white woman who lived in rented quarters all her life!


8 posted on 09/13/2012 3:58:45 AM PDT by afraidfortherepublic (Joe Biden is reported to be seeking asylum in a foreign country so he does not have to debate Ryan.)
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To: afraidfortherepublic

She was head of the escrow/trust department of the bank. Her apartment was on the twelth floor (penthouse). Her father died in October 1968. The “family business” meeting was in December 1971....Just in time for probate. Papa was not just a bookkeeper he was an “agent”. Agents arranged mineral right leases for oil/gas company. It was customary to take a small percentage (1/10 of 1%) in future revenue of wells in leiu of immediate payment.

I have a long article written that I’d like to put in activism and challenge others to do more research. Just always mess up posting.


9 posted on 09/13/2012 5:49:11 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then.)
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To: hoosiermama

WOW! Tbanks for posting, hoosiermama. BTTT!


10 posted on 09/13/2012 6:57:58 AM PDT by PGalt
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To: hoosiermama
She was head of the escrow/trust department of the bank. Her apartment was on the twelth floor (penthouse). Her father died in October 1968. The “family business” meeting was in December 1971....Just in time for probate. Papa was not just a bookkeeper he was an “agent”. Agents arranged mineral right leases for oil/gas company. It was customary to take a small percentage (1/10 of 1%) in future revenue of wells in leiu of immediate payment. I have a long article written that I’d like to put in activism and challenge others to do more research. Just always mess up posting.

I can't wait to see this!

11 posted on 09/13/2012 8:20:43 AM PDT by denydenydeny (Admiration of absolute government is proportionate to the contempt one has for others.-Tocqueville)
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