Remember Solyndra, the solar panel maker that got $535-million government loan guarantees, only to file for bankruptcy less than two years later?
Well, some of its remaining employees could get bonuses of up to $30,000 apiece, even though the company is being liquidated.
The judge overseeing the bankruptcy proceedings has OK’d paying a total of nearly $370,000 in bonuses if certain landmarks are reached, including the timely auction of some Solyndra assets, according to a Bloomberg News report.
Former employees opposed the bonuses, but the Fremont, Calif., company said that without them key people might quit before the tasks ahead were completed.