**** STT has likened it to the great corporate Ponzi schemes, pointing out, just once or twice, that the wind industry is little more than the most recent and elaborate effort to fleece gullible investors, in a list that dates back to “corporate investment classics”, like the South-Sea Bubble and Dutch tulip mania. In the … Continue reading Ponzi Power: US Wind Power Company – Sun Edison – Implodes
Tag: wind power bankruptcy
More Wind Power Outfits Go Bust: “Farmer-Investors” Lose their Shirts in the US
**** In Australia, the wind industry is in total melt-down, with many of its "BIG" players on the brink of financial collapse. And the dreadful "uncertainty" about the willingness of governments to continue fleecing power consumers and taxpayers - in order to keep throwing massive subsidies at the greatest rort of all time (which, on … Continue reading More Wind Power Outfits Go Bust: “Farmer-Investors” Lose their Shirts in the US
Mum & Dad Investors Fleeced as German Wind Power Hits the Wall
**** Thousands of well meaning German mums and dads - conned by wind weasel's lies and promises of fat returns - invested their hard-earned Euros in hundreds of wind projects - now they're watching their cash fast disappearing - like confetti in a cyclone. Meanwhile, to make matters worse, German leader Angela Merkel is shutting … Continue reading Mum & Dad Investors Fleeced as German Wind Power Hits the Wall
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