Archive for Energy

USEC, Solyndra and Political Hope-ium

By David Krikorian

The timing of the Solyndra bankruptcy scandal may prove critical to several companies with pending loan guarantee requests including USEC, Inc. of Piketon, OH, 90 miles east of Cincinnati.

The unfolding spectacle surrounding bankrupt solar technology company Solyndra is focusing critical analysis on the Department of Energy loan program which provided a $535 million dollar loan gauruntee to the California-based private company, including some frank discussion on whether or not the federal government should even be in the business of picking and choosing private company winners & losers.

Hope-ium?