From $10 Billion to Worthless in 8 Months: Solar Hype Financial Engineering at Its Finest

More solar hype

MishTalk

In one of the largest financial collapses in recent years, Sun Edison, valued at $10 billion in July, now prepares for bankruptcy.

How do you do that?

Cheap money (thank the Fed) and financial engineering (thanks to company wizards who no doubt saw this coming and cashed out long ago).

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