A bankruptcy judge has approved bonuses for Solyndra employees. But where is that money coming from? The US taxpayer!
The total amount is $370,000 for 20 employees, an average of $18,500 per employee. What’s worse is the fact that some of these very same employees had significant pay raises just before the bankruptcy.
Judge Mary Walrath approved the reduced bonus request following a hearing Wednesday, but not before chastising a Solyndra attorney for failing to disclose in the motion to approve the bonuses that seven of the eligible employees had received significant pay raises after the company filed for bankruptcy protection.
“I sure as heck think that this should have been disclosed in connection with this motion,” an angry Walrath said.
Solyndra attorney Bruce Grohsgal said the pay raises, as much as 70 percent for one employee, were given to employees who found their workloads significantly increased after Solyndra laid off about 1,000 workers just before declaring bankruptcy.