Wednesday, August 31, 2011

That bubble just popped.

Rumor is, Solyndra locked out it's employees. When I got there, parking lots still had cars, but they were all leaving. Today was the last day for the 1,100 employees.

The most punishing thing about this (aside from all the taxpayer dollars) is when they created these buildings - the area all around them was flush with open real estate. Instead of taking over one of those buildings - they built from scratch. Now we have that extra inventory added.

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