Bankrupt Solyndra seeking to pay bonuses

The Obama administrations "gem" in their green companies worthless investments of tax payers money...

Now seems an unlikely time for handing out bonuses at bankrupt Solyndra LLC, but that’s the plan of company attorneys intending to dole out up to a half-million dollars to persuade key employees to stay put.

Nearly two dozen Solyndra employees could receive bonuses ranging from $10,000 to $50,000 each under a proposal filed by Solyndra’s attorneys in U.S. Bankruptcy Court in Delaware.

The attorneys say the extra money will add motivation at a time when workers at the solar company have little job security and more responsibilities because so many of their colleagues have been fired.

The names of the bonus-eligible employees are not disclosed in the court filings that outline the bonus proposal. None of the employees is among the so-called corporate “insiders” — top officers or members of the board of directors, records show.

http://p.washingtontimes.com/news/2012/ ... y-bonuses/

Oh cry me a f'king river. Left, right... it doesn't matter which political party is playing the the White House... the corrupt Political Class will screw us every time.

Go ahead, not like it is their money (taxpayer money or increased debt). Just like when pension recipients in the state legislature give themselves an 8% increase in benefits every year. They know the taxpayers will wind up paying for their lavish PERA plan.

Yeah, like the taxpayers wound up paying for all the banker's bonuses at JPMorgan/Chase, AIG, BofA, etc., after Bush signed the TARP bailouts... Solyndra is a drop in the bucket compared to the bankers, hedge-funds, investment groups....

LadyJazzer wrote: Yeah, like the taxpayers wound up paying for all the banker's bonuses at JPMorgan/Chase, AIG, BofA, etc., after Bush signed the TARP bailouts... Solyndra is a drop in the bucket compared to the bankers, hedge-funds, investment groups....

And so... that makes what right? There she goes... the Tu Quoque Queen waves her magic wand and makes everything Ok. Guess what? It doesn't matter who's done what, for how much, when or where and why. It's ALL WRONG. You're stupid little dismissal doesn't change a thing. You idiot.

Not an uncommon situation. Extra pay to stay. Happens all the time in business.

Please outline your plan to spend zero and retain key people when the company is shutting down.

V_A wrote: Not an uncommon situation. Extra pay to stay. Happens all the time in business.

Please outline your plan to spend zero and retain key people when the company is shutting down.

Just saying "Not an uncommon situation" does not make it right. Unless you have no principles. Which is evident.

The Liberals GOP Twin wrote:

V_A wrote: Not an uncommon situation. Extra pay to stay. Happens all the time in business.

Please outline your plan to spend zero and retain key people when the company is shutting down.

Just saying "Not an uncommon situation" does not make it right. Unless you have no principles. Which is evident.

Your disregard for the question and personal attack, means you really have no idea how business work nor any idea how to retain staff who want to jump off of a sinking ship.

V_A wrote:

The Liberals GOP Twin wrote:

V_A wrote: Not an uncommon situation. Extra pay to stay. Happens all the time in business.

Please outline your plan to spend zero and retain key people when the company is shutting down.

Just saying "Not an uncommon situation" does not make it right. Unless you have no principles. Which is evident.

Your disregard for the question and personal attack, means you really have no idea how business work nor any idea how to retain staff who want to jump off of a sinking ship.

Personal attacks? If you don't want to hear opinions, then don't post.

V_A wrote: Not an uncommon situation. Extra pay to stay. Happens all the time in business.

Please outline your plan to spend zero and retain key people when the company is shutting down.

Stop throwing money down the rat hole and shut the company down sooner?

Actually in private business what happens more often is that the initial layoffs get nice severance packages and as the money runs out, the later layoffs get much smaller packages. But with the goverment writing those checks, who cares right? Keep your brother in law on, give him a bonus and tell him that he doesn't even need to show up since there is nothing to do.

It is difficult to argue business decisions with people that don't have nor understand P&L, HR and other business responsibilities.