Friday, September 02, 2011

Solyndra's Sweet Interest Rates

So it's $535 million down the ceramic tube.

"Business conditions," ya know.

But they were damn sweet "conditions."

An average Fed-Loan interest rate of ~1.5%, when other Fed-loans were at 3.75%.

I'm sure that "bundler" thingy has nothing at ALL to do with it.


No comments: