Detailed text transcripts for TV channel - FOXNEWS - 20121012:09:22:00
Bankruptcy plan of solyndra the solar company that got half a billion dollars from taxpayers before going bankrupt in the fall. the irs says solyndra's plan can't be approved because the purpose is to let solyndra's owners avoid future taxes. the only reason for it to exist post confirmation is to enable owners to exploit the tax attributes. >> according to the irs pose breaks are worth more than ones set aside for creditors. if it goes through they may get little to nothing for the loan. the irs goes on to say the company's owner to preserve the operating losses as they privately prepare for ...
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