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Will First Solar follow Solyndra?
1 posted on 03/21/2012 12:44:43 PM PDT by PhxRising
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To: PhxRising

Funny they should mention Enron and Venezuela. I was in Venezuela on a BP project and noticed a map with all the projects PDVSA was involved with. I saw our project and looked at all the others.

I noticed one with ENRON and also something else. All the other projects listed the participants and the players respective share of the projects and they all totaled 100% as you would expect.......except the ENRON project. I’m sure it was a typo but you could add all the participants and the total % got to 110%. I should have had a camera.


2 posted on 03/21/2012 1:02:41 PM PDT by RGF
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To: PhxRising
Not only are they corrupt, they are also careless idiots.
First Solar, Solyndra and whatever other solar panel firms are still out there should have sold panels to EACH OTHER, and the scam could have gone on for much longer.

Which probably is happening already.

3 posted on 03/21/2012 1:12:05 PM PDT by BitWielder1 (Corporate Profits are better than Government Waste)
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To: PhxRising

And now that Chinese solar panels will be tariffed, First Solar can raise its price on itself! Bring in more revenue to pay back the loan [wink, wink.]


5 posted on 03/21/2012 2:39:59 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: PhxRising
A heavily subsidized solar company received a U.S. taxpayer loan guarantee to sell solar panels to itself.

hey that is a great way of showing SHAREHOLDERS you are selling widgets, sell it to yourself. /s

6 posted on 03/21/2012 3:24:45 PM PDT by ExCTCitizen (If we stay home in November '12, don't blame 0 for tearing up the CONSTITUTION!!)
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