Solyndra Fiasco Marks Nuclear Bullseye

Solyndra put the proverbial nail in the nuclear renaissance's coffin. Solyndra was a solar company, which used $535 million in government financial guarantees to help them start up a new technology. Solyndra failed financially. Solyndra's shareholders lost all their equity. Solyndra's debt holders called on the government to make good on their guarantees.

Solyndra's government bailout caused the media and politicians to pile on with unrelenting commentary. Solyndra served as an opportunity to belittle the solar and wind power industries to argue for traditional power plants, particularly nuclear power....694 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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