Lights Out for Solar Energy Company

California-based Solyndra files for bankruptcy


And now some fresh pickings from the Political Grapevine...

Lights Out

A solar energy company President Obama once touted as an example of American ingenuity is filing for bankruptcy.

California-based Solyndra which received a $535 million loan guarantee from the federal government in 2009, says it can no longer compete with the lower costs of its rivals overseas.

More than 1,100 workers at Solyndra are expected to lose their jobs.

Since almost all of the government loan has already been given to Solyndra, it's possible taxpayers will be left to foot the bill.

This is the third major American solar company to shut down in the last month.

More Money, More Problems

A former convict is being sued by the D.C. government for allegedly using grant money for a night club.

Cornell Jones, a former drug kingpin, received more than $300,000 for his nonprofit organization, Miracle Hands.

The money was supposed to fund a job training facility for people with HIV/AIDS.

Instead, the suit claims, the money was used to open Stadium Club which boasts "five-star dining" and nude dancers.

In fact, if you go to the address listed on the Miracle Hands website you end up at Stadium Club.

The D.C. government lawsuit seeks more than $1 million.

Fair Trade

And finally, a German town is cashing in on its prostitutes.

Sex tax meters are up and running in Bonn, Germany as a way to ensure prostitutes pay their fair share of income taxes.

These machines, akin to parking meters, allow prostitutes to purchase a ticket for about $8.50 which lets them work for the night.

Without a valid ticket offenders face a fine or can even be banned from the industry.