"The Obama administration restructured a half-billion dollar federal loan to a troubled solar energy company in such a way that private investors — including a fundraiser for President Barack Obama — moved ahead of taxpayers for repayment in case of a default, government records show."

"We have incurred significant net losses since our inception, including a net loss of $114.1 million in 2007, $232.1 million in 2008 and $119.8 million in the first nine months of fiscal 2009, and we had an accumulated deficit of $505 million at Oct. 3, 2009," the company said in a December 2009 filing to the SEC. "We expect to continue to incur significant operating and net losses and negative cash flow from operations for the foreseeable future."

"Without DOE's agreement to restructure Solyndra's loan, the company likely would have faced bankruptcy much earlier — in December 2010" or soon after, Silver said. "Restructuring gave them a fighting chance to compete and succeed, and kept approximately 1,000 workers from losing their jobs."

http://www.ajc.com/news/nation-world/obama-admin-reworked-solyndra-1182334.html

Let's see how the Obamanomic Obamamathamatics works out $528,000,000/1000 Solyndra workers = $366.67 per hour, $2933.33 per day, $14,667 per week, $58,667 per month, for a total of $528,000 per nine month long job saved.

Every worker could have been give a $100,000 severance payout and the boondoggle doors shut for a mere $100,000 000 of confiscated taxpayer wealth.

On a side note, the Obamunista "Brain Trust" even now consistently argues that the fundamental failure is that the "Dear Leader" has not been given enough money to "invest"!