01-24-2012, 07:03 PM
I love this stuff Z so keep on attaching them.
This is a great example of just bad TV reporting from dumb asses who didn't do their homework.
The trustees who determined they should destroy the freight during a bankruptcy was determined by the people who have the most to lose in this case. A couple of which are the carriers who helped ship all of the crap and the distribution facilities who are going broke storing this crap.
First, if the manufacturer in Germany wanted the goods back they had their chance to get it back during the bankruptcy. They probably so declined because the shipping cost alone would be almost the value of the goods. Plus since this unique technology it is unlikely they could re-sell the goods anyway since Solyndra was unique in its technology. In long run with shipping and storage the manufacturer can't EVER make his money back so it is a no brainer not to take the goods back.
Second, Mr Lucky offering a penny on the dollar for a possible re-sell is probably less then they could get for the recycled glass and/or by the time Mr Lucky gets around to collecting his 400 pallets you just lost more then you got in storage and shipping cost. After everything that has happened no carrier or distribution facility in their right mind is going to move your goods. You sold your goods to Mr Lucky? Good for you, now Mr Lucky can find a way to ship it because we aren't touching it with a ten foot poll. When Mr Lucky finds out it is going to cost him 700k to move those 400 pallets you know what Mr Lucky is going to do? He is going to destroy the glass and get what he can for it which is why SOLYNDRA WAS DOING THAT IN THE FIRST PLACE!
Third, Santa Clara doesn't frigging want 400 pallets of glass no matter how many dissapointed students they put on camera. That was the reporter trying to make a case that doesn't exist.
Finally, if this were R75-14 tires that were on every car in America then maybe you can make a case for re-sell but this isn't tires it is tubes for a solar panel no one bought to begin with.
Most importantly this shows how worthless a journalism major is. If they truly read the documents they posted in their report and actually did some homework they would probably would have come to the same conclusion that destroying the glass was the very best course of action. If we did that though then we wouldn't have a story! OMG!
Vllad
This is a great example of just bad TV reporting from dumb asses who didn't do their homework.
The trustees who determined they should destroy the freight during a bankruptcy was determined by the people who have the most to lose in this case. A couple of which are the carriers who helped ship all of the crap and the distribution facilities who are going broke storing this crap.
First, if the manufacturer in Germany wanted the goods back they had their chance to get it back during the bankruptcy. They probably so declined because the shipping cost alone would be almost the value of the goods. Plus since this unique technology it is unlikely they could re-sell the goods anyway since Solyndra was unique in its technology. In long run with shipping and storage the manufacturer can't EVER make his money back so it is a no brainer not to take the goods back.
Second, Mr Lucky offering a penny on the dollar for a possible re-sell is probably less then they could get for the recycled glass and/or by the time Mr Lucky gets around to collecting his 400 pallets you just lost more then you got in storage and shipping cost. After everything that has happened no carrier or distribution facility in their right mind is going to move your goods. You sold your goods to Mr Lucky? Good for you, now Mr Lucky can find a way to ship it because we aren't touching it with a ten foot poll. When Mr Lucky finds out it is going to cost him 700k to move those 400 pallets you know what Mr Lucky is going to do? He is going to destroy the glass and get what he can for it which is why SOLYNDRA WAS DOING THAT IN THE FIRST PLACE!
Third, Santa Clara doesn't frigging want 400 pallets of glass no matter how many dissapointed students they put on camera. That was the reporter trying to make a case that doesn't exist.
Finally, if this were R75-14 tires that were on every car in America then maybe you can make a case for re-sell but this isn't tires it is tubes for a solar panel no one bought to begin with.
Most importantly this shows how worthless a journalism major is. If they truly read the documents they posted in their report and actually did some homework they would probably would have come to the same conclusion that destroying the glass was the very best course of action. If we did that though then we wouldn't have a story! OMG!
Vllad