[kiryandil]

"The Bimbo of Energy"

[kiryandil]

Granholm eventually closed her position in the firm late in May 2021, and netted capital gains amounting to about $1.6 million.

Another Swamp grifter dances out the door with a wad of cash...

[CFW]

I get the feeling some of these “green energy” companies are created just to transfer money from the tax-payers to certain favored groups or politicians. Then, when someone starts shining the spotlight on the business’s viability or practices the company suddenly goes belly-up and files bankruptcy. Then later the same players pop up again in another such venture and the entire process plays out once more.

Much like Obama’s Solyndra.

https://www.forbes.com/sites/adamandrzejewski/2021/04/12/remembering-solyndra—how-many-570m-green-energy-failures-are-hidden-inside-bidens-instructure-proposal/

[antidemoncrat]

Reminds me of Obama and his $500+ “loan” to Solyndra in 2009 and they went belly up in 2011.

[Thank You Rush]

Isn’t it amazing AND DISGUSTING that these are “Ho Hum” revelations from DC agency heads? Talk about DEPLORABLE!!!!

[Bob434]

Heaven forbid, but can you imagine if an electric bus full of people malfunctions and catches on fire and folks can’t get out? Zowie! Gas fires are bad enough, but fires caused are downright nasty.

[cymbeline]

You’d think electric city buses, like local delivery vehicles, would be a good use of the battery-based power train.

The article doesn’t say why the company failed. Must be because bus buyers saw them as more expensive over their lifetime than diesel-powered alternatives.

Amazon is supposed to be converting to electric delivery vehicles. Has anyone seen one yet?

[cuz1961]

Pay your self huge salary

Sub contact to another Corp you own also

Gut the equity

Stash the cash

Declare bankruptcy

/\

Grab your grifter trophy

Rinse and repeat

[butlerweave]

Toooooo Heavy for bridges ?

[Worldtraveler once upon a time]

Belly up! Send more money! Send more money! Worked for Solyndra! Worked for A123 Systems! Worked for Brightsource! --- Oh, wait. That didn't work....

Obama said Solyndra was the "future." He was correct. A bankrupt-laden future.

And the grift goes on.

[Vaduz]

Jennifer Granholm = Kumalot Harris

Bats all over the place

[beethovenfan]

Granholm is corrupt and stupid.

[Newtoidaho]

conflict of interest involving Energy Secretary Jennifer Granholm.

Needs to be in prison.

[oldtech]

Granholm has done nothing for the USA, but apparently feathered her own nest. She should have her assets seized,then fired, & never be allowed to return to any kind of “public service”. But then again, she seems to be exactly the type of person that was mostly hired in the Biden administration.

[CFW]

https://wolfstreet.com/2023/08/09/the-collapse-of-the-ev-spacs-another-one-goes-bankrupt-others-on-the-verge/

“The Collapse of the EV SPACs: Another One Goes Bankrupt, Others on the Verge”