Submitted by Tyler Durden on 10/17/2012 - 12:42 recovery
It will come as no surprise to some but the bankruptcy court hearing for Solyndra just threw up all over any hopes that our taxpayer-funded loans to this solar sinkhole will be recovered:
*SOLYNDRA HAS ABOUT $71 MILLION IN NET DISTRIBUTABLE ASSETS
*SOLYNDRA LENDERS AHEAD OF GOVERNMENT OWED ABOUT $77 MILLION
So it looks like a $0 recovery for us - US Government: Picking Losers One Sector At A Time.
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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