After swallowing a $535 Million Taxpayer Loan Guarantee Solyndra went bankrupt. 1,000’s of employees were let go, vendors were left high and dry, hundreds of millions of dollars were lost — and millions of glass tubes were abandoned in a San Jose warehouse. But wait, fortunately Oakland architects Ronald Rael and Virginia San Fratello used 1,368 of the glass tubes to create “SOL Grotto,” an architectural sculpture on display in the lush grounds of the University of California Botanical Garden in Berkeley.
But “SOL Grotto” has generated the most publicity as the source of a fresh wave of criticism by conservative commentators and House Republicans, who have long held up Solyndra, which was awarded the $535 million from the U.S. Department of Energy, as a prime example of wasteful spending by the Obama administration. Some of those critics are now blasting “SOL Grotto” as the world’s most expensive piece of taxpayer-funded artwork, even though a bankruptcy court determined that the glass tubes no longer had value.
….the entire story HERE