Overview: Solyndra LLC was a Fremont, Calif.-based firm that made solar panels. It shut its doors Aug. 31 and filed bankruptcy Sept. 6. Before it ran into problems and laid off its 1,100 workers, Solyndra was widely touted as a model for government investment in green technology.

The company received a $535 million loan guarantee that was part of the $862 billion economic stimulus package that Congress passed in 2009.

The Tulsa-based George Kaiser Family Foundation holds a 39 percent stake in Solyndra's parent, 360 Solar Degree Holdings Inc., via the foundation's investment arm, Argonaut Ventures. A spokesman for the Kaiser foundation said Solyndra was a victim of challenges in the marketplace, especially the sharp decline in solar panel prices during the past two years caused in part by subsidies provided by the government of China to Chinese solar panel manufacturers.
Headlines
Solyndra urges court to approve its bankruptcy plan   10/16/2012

Solyndra LLC, the solar-panel maker that received a $535 million U.S. Energy Department loan guarantee before going bankrupt, rebuffed objections to its bankruptcy plan from the U.S. government and urged a court to approve the proposal.

House votes to end energy loan guarantee program   9/15/2012

Republicans on Friday pushed a bill through the House shining a campaign-season light on the most conspicuous failure of President Barack Obama's economic stimulus package.

Solyndra plan gets judge's OK   9/8/2012

A federal bankruptcy judge in Delaware has cleared the way for creditors to begin voting on the proposed reorganization plan of failed solar power company Solyndra LLC.

IRS, DOE question Solyndra bankruptcy plan IRS, DOE question Solyndra bankruptcy plan   8/29/2012

Solyndra LLC should provide more information about tax breaks that could be worth hundreds of millions of dollars to private equity firms that control the failed solar power company, government lawyers said in a court filing.

Energy program loan watchdog donated to Obama campaign Energy program loan watchdog donated to Obama campaign   8/24/2012

A veteran Wall Street executive who performed an independent review that exonerated the Obama administration's program of loans to energy companies contributed $52,500 to re-elect President Barack Obama in the months since completing his work, according to an Associated Press review of campaign records.

Solyndra agrees to settle with ex-workers for $3.5 million   8/14/2012

Solyndra LLC, the bankrupt solar-panel maker that received a $535 million U.S. Energy Department loan guarantee, reached a $3.5 million settlement with former workers who claimed they received inadequate layoff notices.

Solyndra red flags ignored, Republican-led probe concludes Solyndra red flags ignored, Republican-led probe concludes   8/3/2012

Republicans investigating the government's investment in a bankrupt solar-panel manufacturer have concluded that the Obama administration ignored numerous red flags about the company's financial viability, leaving taxpayers on the hook for more than $500 million.

Bankrupt Solyndra files plan   7/31/2012

Solyndra LLC, the solar-panel maker that received a $535 million U.S. Energy Department loan guarantee before seeking bankruptcy protection, has filed a Chapter 11 reorganization plan.

Solyndra close to filing Chapter 11 plan with court   6/16/2012

A California-based solar panel manufacturer that received a half-billion dollar loan from the federal government before filing for bankruptcy protection is close to filing a proposal for what to do next.

Kaiser foundation alleges fraud in lawsuit after $610M investment   3/16/2012

The George Kaiser Family Foundation is suing the most prolific patent-holder in the world, claiming he fraudulently took 'tens, if not hundreds of millions of dollars' from the organization after it contributed more than $610 million to fund his printing company.





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