Yep. I'd say she's got a problem.

Jim

I doubt, there's only one person that gets scrutinized down there.

There is so much the OP fails to understand or look up on this one, very small, issue that I hesitate to put any time into responding. But here it goes…

Chapter 11 bankruptcy is, after a google search reveals some basics, a reorganization with creditors getting a new repayment schedule. It doesn’t let the company off the hook. Also, the timeline the OP poses is so ridiculous it is laughable. He thinks gov’t is efficient enough to give a grant and then “days later” the company files for bankruptcy and runs off with the money? Get a grip.

A basic look at the history of the company seems to show a business that was doing well but struggling to make a profit. Many businesses do that before getting into the black. They did employ people and will continue to do so. Chapter 11 doesn’t mean they disappear with the board of directors hauling bags of cash out to their cars, never to see the board room again.

Finally, do you think Trump has never used gov’t funds for his businesses? I would suggest using your fine google skills to look into that before holding him up as the paradigm of virtue in fiscal matters.

The main issue to me is,

Grenholm who worked for them until she gets on Biden's cabnet, then Biden forgives their 10 million loan and any interest they paid to date.

EXACTLY!!! Sure seems like us Tax Payers got the shaft but then people like BC could NEVER EVER Fault their beloved Idiot Hair Sniffer!!!

How is Pioneer treating you, Randall?

Let's see "political hay" is that the same as "Justice" in some cases?

And every good defense Lawyers job is to raise doubt in a juror's (or in this case the readers mind) that's what Lawyers do for a living. Maybe you should read hippie's above post for proof?

Jim, You seem to forget things pretty regularly, like the Trump "Russian Collusion" story that was pushed so hard for so long and then just evaporated.

It looks like a nothing burger to me if you put the timeline together.

Is it reasonable of us .or anyone.......to expect Granholm, in 2017, to NOT take a position on Proterra's board because Biden will nominate her to a cabinet post in 2021 ?

When she was confirmed to her current position her stock was worth almost double its value after Biden forgave the PPP loan. So she actually lost money the longer she held the stock.

So she shows a capital gain of 1.6 million over a 4-5 year holding period on a 5+ million dollar investment.

Maybe we should be looking at the Pelosi rate of return along with The Biden rate of return rather than this relatively small potato,

How about we have some reputable accounting firm look into the over one TRILLION dollars of fraud and theft in the covid funds that were passed our to states and unions.........maybe some of those 87,000 new IRS agents could look into that.


And.........as Clark notes above, this is chapter 11 reorganization.........not chapter 7 liquidation.

I have a hard time seeing what she did wrong.................other than being guilty of poor judgement in her political alignment.


I would also like to know some details about the reference to Al Gore........."getting his money out". The last time I looked, his initial 55 million investment was worth a bit over 7 million.


If you think this deal with Granholm smells fishy or rotten.........you might be interested to know that the Democrat family that runs Illinois...the Pritzkers........are also shareholders in Proterra as well as Soro's Fund Management LLC.

I'm saying, its fishy Biden picked her old firm to forgive their loan regardless of the earlier timelines.

(helping her old buds and probably family that still hold stock.)

But yes White, there's way way too much insider info happening between policy makers and their investments that is on both sides of the isle....at our, the taxpayers expense.

I think a better argument could be made about how stinky it was for Gore to directly lobby Biden to include money in the so called....Inflation Reduction Act ........that directly benefited "green" companies and EV producers AFTER he had invested in PTRA. Legal but stinky. Who else had direct access to lobby Biden ?

The other thing is I am sure it wasn't just Proterra that got government money.