185
185
Nov 16, 2011
11/11
by
KNTV
tv
eye 185
favorite 0
quote 0
. >> a look at the new e-mails from the energy department, asking solyndra to hold off on l layoffs. >> good morning to you. we all remember the massive layoff and bankruptcy earlier this fall at solyndra. let me remind you about an earlier layoff this time last year. november 3rd, 2010, when solyndra laid off for the very first time one day exactly after the 2010 mid-term elections. the republican-led committee investigating solyndra and its loan says, you know, that's darn suspicious. it says it has e-mails from solyndra's biggest investor, saying the department of energy wanted solyndra to hold off on those layoffs until november 3rd. now, in the memo, the doe doesn't specifically say wait until after election day, november 2nd, but it never really does explain why november 3rd was picked as a date. department of energy steven chiu will testify tomorrow before the house energy and commerce committee and no doubt that will be one of the very first questions they ask him. >>> a congressional committee has voted to cut funding for so-called space taxis in half to $400 million. preside
. >> a look at the new e-mails from the energy department, asking solyndra to hold off on l layoffs. >> good morning to you. we all remember the massive layoff and bankruptcy earlier this fall at solyndra. let me remind you about an earlier layoff this time last year. november 3rd, 2010, when solyndra laid off for the very first time one day exactly after the 2010 mid-term elections. the republican-led committee investigating solyndra and its loan says, you know, that's darn...
252
252
Nov 23, 2011
11/11
by
KOFY
tv
eye 252
favorite 0
quote 0
. >> l no taker for solyndra. company officials in fremont told bankruptcy trustee today that they have received no realistic bid to purchase the company. officials now looking at a piece meal sale of company assets. solar panel manufacturer currently under investigation by the fbi and congress over a 5 35 million dollar loan guarantee it received from the obama administration. >> well several hundred jobs should be posted in the next if a you months as tesla motors ramp up production of all electric car in fremont. certainly especially welcome news to thousands of employee whose lost the job when the company folded. as business and technology reporter david. >> need people to do quality assurance. >> that's what i did for 25 years. >>reporter: john and ricky abraham brothers at long time numi employees. they are there at the reemployment center to work on the rest may and learn how to apply at tesla electric car make they are took over the plant. the web site shows 23 manufacturing job option at free mont right n
. >> l no taker for solyndra. company officials in fremont told bankruptcy trustee today that they have received no realistic bid to purchase the company. officials now looking at a piece meal sale of company assets. solar panel manufacturer currently under investigation by the fbi and congress over a 5 35 million dollar loan guarantee it received from the obama administration. >> well several hundred jobs should be posted in the next if a you months as tesla motors ramp up...
129
129
Nov 18, 2011
11/11
by
WNUV
tv
eye 129
favorite 0
quote 0
solyndra were mine. i want to be cllar: ooer the course of polyndra's loan guarantee, i diddnot make any decision considerationss" lchu says: certainly knowing what i know now, we'd say no. republicans... say..../ secretary chew.../ is... being... set-up .../ as... the fall guy.../ for...the white house...// their mission is to help peopleein need, but for a second timm in less than an week, an armed robber rushes into the same ggodwill store and cleans them out. out. crime and justice reporter joy lepola as thh story. story. an armed robber making money off the needy.(shawn) 1:00:06 i think its a travesty tt steal from gooowill that's for people who need help. since friday...thereehave been three robberies t goodwill tores innbaltimore county. two occured at this location. the most recent last night. stand-up 11:13:00 over the past year this area of joppa has seen aaspike in crimee the most recent occurrng here at the gooowill. police say they've beefed upppatrols and they're uggeeting anyooe who report it.(pd/cathy) 11:48:40 - any information someone brings forward to us can serve as that critical ppece of the pu
solyndra were mine. i want to be cllar: ooer the course of polyndra's loan guarantee, i diddnot make any decision considerationss" lchu says: certainly knowing what i know now, we'd say no. republicans... say..../ secretary chew.../ is... being... set-up .../ as... the fall guy.../ for...the white house...// their mission is to help peopleein need, but for a second timm in less than an week, an armed robber rushes into the same ggodwill store and cleans them out. out. crime and justice...
160
160
Nov 21, 2011
11/11
by
CSPAN
tv
eye 160
favorite 0
quote 0
solyndra in these types of situations. are you doing these with the 28 other companies that are in the program? >> being, we are monitor iing l the loans on a minimum of a monthly basis because -- >> what about weekly cash flows? >> in some instances weekly. >> what about a board observer seat? >> we did have a board observer seat in solyndra after the restructuring. in that seat as with the equity it was a rapidly changing dynamic and the equity investors were as surprised as we were. >> let's go back to the cash burn rate issues. about the savvy investors that were there for solyndra. they had a billion dollars in cash. but we keep hearing about that cash burn rate. was d.o.e., in your opinion, and were you aware of those cash burn rate issues before or after that loan was closed in september of 2009? >> i believe that they were aware of what would be what happening with the business plant and with any new manufacturing plant, as you manufacture, as you build up -- >> were you personally aware or in general? >> in general as i said i have enough experience with looking at start-up companies to know that that is very -- >> d
solyndra in these types of situations. are you doing these with the 28 other companies that are in the program? >> being, we are monitor iing l the loans on a minimum of a monthly basis because -- >> what about weekly cash flows? >> in some instances weekly. >> what about a board observer seat? >> we did have a board observer seat in solyndra after the restructuring. in that seat as with the equity it was a rapidly changing dynamic and the equity investors were as...
249
249
Nov 17, 2011
11/11
by
CNNW
tv
eye 249
favorite 0
quote 0
solyndra, a company president obama later touted as a true engine of economic growth. and once it started to fail, put up more taxpayer dollars, but let private investors get preferential lment if the company went bankrupt. >> do you feel that you owe people an apology for having supported the taxpayer dollar to what turns out to be a very risky venture? >> democrats say people driving the investigation have political motives of their own. >> coal, oil industry allies are man fakufacturing a scandal. that's a great deal if you are an oil company or a coal executive, but it's unfair to you and a disconfidence to the american people. >> now, wolf, this energy secretary was grilled on so many topics, but also the republican's latest charge that solyndra officials were asked to with hold news of layoffs until after last year's midterm elections. it's also worth noting this whole investigation started as an inquiry into whether political fate rotism was behind awarding solyndra the money, but today, they focused on whose head will roll. one republican says he believes chu didn't okay this because of political reasons, so it seems the investigation has sort of moved. >> you ju
solyndra, a company president obama later touted as a true engine of economic growth. and once it started to fail, put up more taxpayer dollars, but let private investors get preferential lment if the company went bankrupt. >> do you feel that you owe people an apology for having supported the taxpayer dollar to what turns out to be a very risky venture? >> democrats say people driving the investigation have political motives of their own. >> coal, oil industry allies are man...