I had dinner Tuesday night with a Silicon Valley CEO. He mentioned that Solyndra, the bankrupt solar operator, was liquidating its assets via an auction. “I want to get some cool chairs and a projector,” he told me.
Not long ago, Solyndra was a showcase for President Obama’s “green jobs” movement. Over the past few years, the company received $528 million in federal loan guarantees. Now, it’s just a sad, expensive joke.
On the other hand, if you want to get some good deals on so-called noncore assets, you can check out Heritage Global Partners, which is managing the auction (they also handled the one for Enron). Read