Solyndra Loan: The Saga Continues

Peter Lynch, a New York-based solar energy analyst, told ABC News it took only a cursory glance through Solyndra's prospectus to see there was a problem with their numbers.  He said, "It's very difficult to perceive a company with a model that says, well, I can build something for six dollars and sell it for three dollars.  Those numbers don't generally work. You don't want to lose three dollars for every unit you make."  Wow, what a novel business concept.  That is, sell something for more than what it costs to manufacture.  I will definitely impart that to my finance students.