Sad part was they knew in advance the company would likley fail. Wow, their warning was 100% correct and ignored and this was not the only person ignored.
Solyndra Bankruptcy: Insiders Warned Of Company Collapse Before White House Loan
On August 20, 2009, an Energy Department staffer examining a pending loan to a California clean energy start-up came to a startling conclusion: The company would run out of money by September 2011. The government would, in effect, be placing taxpayers on the hook for a business likely to founder.