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Solyndra’s meltdown: worse than earlier reported

Wednesday, June 13, 2012

Could political fallout for President Obama over the Solyndra debacle get worse? Maybe. The Bay Citizen’s Aaron Glantz has obtained Labor Department records that show the defunct Fremont solar energy company laid off 1,861 workers, not the 1,100 it previously claimed. And that it increased production in 2011 even though it couldn’t sell all the solar panels it made the year before.

Add: Despite the $535 million in federal loans the company received, by the time it went belly up, Solyndra was stuck with enough panels to power 23,000 homes.
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