(Newser) – Brace yourself for another round of political I-know-you-are-but-what-am-I: Mitt Romney has repeatedly hammered President Obama for the White House's role in Solyndra's meltdown, but now Konarka Technologies, another solar energy company in which Romney invested public funds as Massachusetts governor, has gone bankrupt, reports the Boston Herald. Romney sent $1.5 million to Konarka shortly after he became governor, along with $2.5 million to Evergreen Solar, which also filed for bankruptcy last year, and provided a $2.5 million loan to the biotech firm Spherics Inc., which closed three years later. The Romney campaign had no comment...........
Solar Company Used In Crossroads Anti-Obama Attack Ad Received Taxpayer Dollars From Governor Romney
By Rebecca Leber on May 31, 2012 at 4:20 pmAds from Mitt Romney and American Crossroads earlier this week disparaged solar energy, leading up to Romney’s surprise visit to Solyndra today.
The Crossroads ad targets the Obama administration for green energy investments, but features a company that once received taxpayer support from Governor Romney’s administration. Washington Post‘s Greg Sargent points out that one company featured in Crossroads’ ad — Evergreen Solar — received $2.5 million during Romney’s term:
The Crossroads video, which is embedded below, cites the Massachusetts company Evergreen Solar as an example of a company that received taxpayer money before declaring bankruptcy or suffering “serious financial issues” — which the video derides as a “risky investment strategy.” Romney picked up that attack line today, appearing in front of a shuttered Solyndra outlet to bash Obama.
But three weeks into Governor Mitt Romney’s term, Evergreen Solar received $2.5 million from the Romney administration for a “major expansion and to cover operating losses as it tried to become profitable,” according to a February article in Politico. The investment was part of a broader program in which the Romney administration gave millions in subsidies to multiple other companies, Politico reported.......
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GREEN SCAM: 80% of Green Energy Loans Went to Obama Donors ...
www.thegatewaypundit.com/ - Traducir esta página2 Jun 2012, de Jim HoftEvergreen Solar SpectraWatt. Solyndra (received $535 million) Beacon Power (received $43 million) AES' subsidiary Eastern Energy Nevada Geothermal (received $98.5 million) SunPower (received $1.5 billion) First Solar ...
Note that Mitt Romney's pals at Konarka Technologies such as Eitan Zeira are all Israelis and it was a fraud only to put more money stolen from Amereicans into the pockets and offshore accounts of criminals involved with and very connected to the Israeli government just like so many of the so-called Israeli 'security' firms such as ICTS International who allowed the Saudi terrorists to board flights 11 and 175 at Logan Airport Boston on 9/11/01 and to crash into Zionists Hank Greenberg's,Larry Silverstein's and Frank Lowy's WTC in NYC,accidentally causing them to win the insurance windfall of the 21st century at the cost of the lives only 3000 useless Americans and foreign nationals in the Twin Toers at the time plus untolf hundreds of thousands of innocent Middle East citizens since.
Barack Obama's biggest baxckers have been Goldman Sachs who his SEC Chair Mary Scapiro protects as well even though they even collude with ex Stassi and now Israeli money laundereres the Frin brothers David Abraham and Eugene originally of the Ukraine and crime partners of ex Stassi operative and Austrian Israeli billionaire Martin Schlaff.They bragged of having direct contact to the Obama Whikte House thanks to their Goldman Sachs contacts,etc..and most recently ran a solar algae stock fraud called PetroAlgae.Besides the Israeli connected Solyndra fraud and the Grin brothers' PetroAlgae,Obama has also gifted American tax money to BrightSource as well as native American lands that he and his Israeli solar henchman treat like Palestinians !All of the stock frauds in America and against Americans perpatraited by Israeli fascists and terrorists and corporate saboteurs gretly exceeds the 'official' tens of billions of dollars annually that the U.S.media and government acknowledge.What Romney and Obama collude with Israelis and the EU's and the UK's Rothschild crime family who also financed ICTS International's incorporation in the U.S. that allowed Israelis to control Logan Airport on 9/11 is ttreason against the American public and the fact that they are our only 'choices' in a U.S.Prersidential election is just more proof that the CIA and NATO controlled U.S. government itself is a lie and a fraud just like the Israeli cxompanies they alloiw to incorporate inb the U.S.with the express purpose of commiting fraud as well as terrorism and corporate sabotage against the American people.
Maurice “Hank” Greenberg on 9/11 « DoYouEverWonder about 9/11?
doyoueverwonderblog.wordpress.com/.../maurice-hank-greenberg-o...Apr 20, 2010 – Even though Larry Silverstein owned the WTC, it was Maurice Greenberg's companies who held the mortgage, issued the insurance policy and ...
http://www.bloomberg.com/news/2012-06-04/romney-bashes-solyndra-s-loan-as-solar-company-he-backed-fails.html?cmpid=otbrn.sustain.story
Romney-Backed Solar Company Fails Days After He Faulted Solyndra
By Jim Snyder - Jun 4, 2012 10:01 PM GMT-0600
Republican Mitt Romney, whocriticized President Barack Obama last week for backing failedSolyndra LLC, supported as governor of Massachusetts a differentsolar-power company that has gone out of business.
Konarka Technologies Inc. filed to liquidate on June 1after getting state and U.S. aid, a development that may muddyhis attempts to use Solyndra to try to show Obama’s broadereconomic failures, a professor said.
Enlarge image Repubican presidential candidate Mitt Romney speaks in front of the shuttered Solyndra solar power company's manufacturing facility in Fremont, California. Photo: Justin Sullivan/Getty Images “It demonstrates the ‘problem’ of having a record, in thatobscure decisions and circumstances come to light, often farremoved from their original frameworks,” Burdett Loomis, aUniversity of Kansas political science professor, said in an e-mail yesterday.
Romney, who on May 29 claimed enough delegates to win theRepublican presidential nomination, has sought to use Solyndrato underscore his argument that he understands how businessworks and Obama doesn’t. Romney cites Solyndra’s collapse twoyears after winning a $535 million loan guarantee as a symbol ofObama’s failure to create jobs with government spending, and therisks of using taxpayer money to fund private companies.
Thomas Pyle, president of the Washington-based Institutefor Energy Research, said in an interview that both examplesappeared to be an effort to pick “winners and losers.”
“This is clearly not the way we should be doingbusiness,” he said yesterday.
State Financing
Romney, a co-founder of Boston-based private-equity firmBain Capital LLC, promoted state aid during a January 2003 pressconference in Lowell, according to a statement from AmerescoInc. (AMRC), a Framingham, Massachusetts-based company that also wonstate help. Romney took over as governor that month.Romney gave Konarka of Lowell, Massachusetts, a $1.5million loan, part of $9 million in state financing to clean-energy companies. Romney also announced that a restructuredgreen fund would provide $15 million in support for renewableenergy in the state.
Andrea Saul, a spokeswoman for the Romney’s campaign, saidon in an e-mail yesterday that the subsidies were approved by aMassachusetts board before Romney became governor.
Asked to respond to the candidate’s backing for Konarka,Saul said Obama has “a lot of questions to answer about why heused taxpayer dollars to reward wealthy campaign donors for badideas like Solyndra.”
Kaiser’s Foundation
A foundation run by George Kaiser, an Oklahoma billionaireand Obama fundraiser, was a leading investor in Solyndra. Aninvestigation by Republicans in Congress hasn’t found evidencethe administration gave Solyndra the loan to reward a politicaldonor.The administration has said the award was based on itsmerits and had been advanced during the Bush administration.
“Every day we see a new example of Mitt Romney’shypocrisy,” said Lis Smith, a campaign spokeswoman. “Just oneday after he pulled a political stunt outside Solyndra, welearned even more about his record of picking winners and losersin Massachusetts when one of the companies he gave a loan towent bankrupt.”
Supporters of clean-energy programs said Konarka’s collapseshows Romney is being hypocritical for criticizing Obama’ssupport for renewable-energy subsidies because some projectsfail.
Similar Efforts
“Romney and allies are attacking the president for effortssimilar to his when he was governor,” Dan Weiss, senior fellowand director of climate strategy at the Center for AmericanProgress Action Fund, which says it promotes progressivepolicies, said in an e-mail.As president, Obama sought to make clean-energy support acentral feature of the 2009 economic stimulus. The loan programthrough which Solyndra received its award provided about $16billion in guarantees before ending last year.
In a May 2010 visit to Solyndra, Obama said the factorybeing built with taxpayer help was proof that “the promise ofclean energy isn’t just an article of faith.”
Last week, Romney stood outside Solyndra’s shutteredfacilities in Fremont, California, saying the company was asymbol of Obama’s failure to create jobs.
In 2003, then-governor Romney said the Massachusetts fundcould become a “major economic springboard” by focusing on jobgrowth in the renewable-energy industry.
One major difference between Solyndra and Konarka is thesize of support. Solyndra filed for bankruptcy in September,about two years after it won its $535 million U.S. loanguarantee. The company also collected about $1 billion inprivate investment.
Private Capital
Konarka attracted $170 million in private capital and $20million in government research grants, according to its website.Howard Berke, chief executive officer of the company, saidJune 1 Konarka had been unable to obtain financing and wasunable to continue operations.
The company, which said it would lay off its 85 workers,listed $100,000 to $500,000 in assets and $10 million to $50million in debt in its Chapter 7 filing in U.S. Bankruptcy Courtin Worcester, Massachusetts.
At least four other U.S. solar-panel manufacturers filedfor bankruptcy in the past year as the price of the productsfell 50 percent on an oversupply and expanded production inChina.
Pyle said Romney’s past support for state subsidies toclean-energy companies shouldn’t deter him from criticizingObama’s more generous aid.
“It’s a little bit of a stretch to say, ‘He did it too, solet’s call it a draw,’” Pyle said.
To contact the reporter on this story:Jim Snyder in Washington at jsnyder24@bloomberg.net
To contact the editor responsible for this story:Jon Morgan at jmorgan97@bloomberg.net
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Biography via lead411 wiki | edit |
Eitan Zeira is part of the Konarka Technologies Inc, an organization which has its main offices in Lowell, MA. Eitan serves as the VP Printed Photovoltaics at Konarka Technologies Inc. Their CEO is Howard Berke. If you’re searching for Konarka Technologies Inc email addresses, you can also find those on their Lead411 profile with the domain @konarka.com along with Eitan Zeira's linkedin name, twitter tweets, and biography.The Konarka Technologies Inc's Lead411 profile is categorized under the Alternative industry. Description: Eitan Zeira is Konarka Technologies' VP Process/Product Development. With a Lead411 subscription, Konarka Technologies email addresses ( @konarka.com ) of the executives are viewable. Other information includes Eitan Zeira email, phone, biography and extension. We provide information from your LinkedIn network, see company profile, and soon we will be showing twitter, wiki, and facebook profiles as well. Lists are downloadble into your email marketing software or crm software. Typical management titles include VP, Chief, Vice President, Director, manager, & more. Similar names to Eitan Zeira can be found in our people directory.Keys: Eitan Zeira, Konarka Technologies, VP Process/Product Development, @konarka.com , email marketing, Konarka, Solar Power, BIPV, Power Plastic, Thin Film, Thin Film BIPV, Thin Film Solar |
About Konarka Technologies |
Situated in the Lowell, MA area, Konarka Technologies Inc is a member of the Alternative industry. Their Lead411 profile provides quality data containing valuable information like cfo info, social data, linkedin urls, other contacts, and data points on Konarka Technologies Inc's CEO Howard Berke. If you need to send messages to Konarka Technologies Inc email addresses, you can find those addresses here attached to their domain of @konarka.com. At this time, there are 4 jobs up on their site, but those who are employed with them at this time have salaries within the range of $81660....more Konarka Technologies info |
Other Konarka Technologies People |
Ross Levinsohn - Partner, phone - 978-569-1400, updated on 10/20/2011 19:52:00 Konarka Technologies Inc's Partner is Ross Levinsohn. On the other hand, the organization’s CEO is Howard Berke. They are based in Lowell, MA, and you can find their Lead411 profile filed under the Alternative industry. Ross Levinsohn's profile contains twitter, linkedin urls, and biography information, and you can also find other Konarka Technologies Inc email addresses on Lead411 with the @konarka.com domain. Kenneth McCauley - SVP Sales/Marketing/Business Development Have you been looking for information on Kenneth McCauley? Lead411 provides data on him which include twitter, linkedin url, and biography. There are also Konarka Technologies Inc email addresses within the @konarka.com profile so Kenneth McCauley's email could be included. Kenneth McCauley is part of the Konarka Technologies Inc which has its main offices in Lowell, MA. He currently holds the post of VP Sales/Marketing/Business Development. Konarka Technologies Inc's CEO is Howard Berke. You can find the company data on Lead411 under the Alternative industry. Rick Hess - President and CEO, phone - 978-569-1400, updated on 08/13/2011 02:21:00 Have you been looking for information on Rick Hess? Lead411 provides data on him which include twitter, linkedin url, and biography. There are also Konarka Technologies Inc email addresses within the @konarka.com profile so Rick Hess' email could be included. Rick Hess is part of the Konarka Technologies Inc which has its main offices in Lowell, MA. He currently holds the post of President and CEO. Konarka Technologies Inc's CEO is Howard Berke. You can find the company data on Lead411 under the Alternative industry. |
References |
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Eitan Zeira - LinkedIn |
Eitan Zeira Title/Organization: Konarka Technologies vp of printed PV City: Boston Eitan Zeira Title/Organization: NOAH ceo City: Israel Degrees: University of Haifa, University of Haifa, Technion Machon Technologi Le Israel, bosmat |
Other Konarka Technologies Email Addresses |
Free Trial - These are @konarka.com emails only - not personal emails such as gmail, hotmail, or @yahoo.com. |
http://www.lead411.com/Eitan_Zeira_406363.html
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