My post earlier today that named David Gerstenhaber of Argonaut Capital as the main beneficiary of the Solyndra’s bankruptcy was incorrect. To Mr. Gerstenhaber and his firm, Argonaut Capital, an apology is in order from me.
The firm in question is Argonaut Venture, which is an investment arm of the Tulsa-based foundation that holds almost 39% of Solyndra's parent, 360 Solar Degree Holdings Inc. So who is behind Argonaut Ventures? George Kaiser, who is an Oklahoma oil billionaire, is the individual through his foundation that made the investment through Argonaut. He is also the individual that made all those trips to the White House just before Solyndra received half-billion dollars from the Department of Energy. (Please read the previous post.)
No comments:
Post a Comment