Harsh lessons from Evergreen Solar flame-out
If there's a lesson to be had in the wrenching downfall of Evergreen Solar, it's this: Even Apple doesn't try to do everything itself.
For two days now, the green-tech industry--and more than a few politicians who had put their credibility on the line to support it--have been wringing their hands over Evergreen, which on Monday announced it filed for Chapter 11 bankruptcy and will seek to sell off its assets to pay off hundreds of millions of dollars to creditors. Today Evergreen said that Nasdaq informed the company that its stock will be delisted next week. … Read more