Bankruptcy and Political Fallout
The bankruptcy filing occurred days after a visit by Republican presidential candidate Romney to Solyndra, another bankrupted solar energy firm which also received over $500 million of funding from President Obama's administration. The fact that Konarka also received a loan in 2003 during Romney's gubernatorial term was noted by Democrats and inserted into the campaign-politics debate.
Read more about this topic: Konarka Technologies
Famous quotes containing the words bankruptcy and, bankruptcy and/or political:
“Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savage stands on the unelastic plank of famine.”
—Henry David Thoreau (1817–1862)
“A woman’s whole life is a history of the affections. The heart is her world: it is there her ambition strives for empire; it is there her avarice seeks for hidden treasures. She sends forth her sympathies on adventure; she embarks her whole soul on the traffic of affection; and if shipwrecked, her case is hopeless—for it is a bankruptcy of the heart.”
—Washington Irving (1783–1859)
“No God and no religion can survive ridicule. No political church, no nobility, no royalty or other fraud, can face ridicule in a fair field, and live.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)