The gangrene thermo undynamic rip-off company KIOR got a 4
month reprieve to pay the state of Mississippi the money owed to the
state.
Condi Rice was a board member of the company until December
last year. Of course Vinod Khosla, Condi’s
client, did not want to throw more money down the drain just to pay Mississippi
what it is owed. I wonder how many
calls Condi made to Haley Barbour and vice versa to arrange the “face saving” reprieve? You are going tell me Vinod was the sole
negotiator here, or did he use the services of his trusted “advisers” Condi Rice
and Tony Blair?
Yeah Toxic Tony is also a Khosla Ventures advisor.
The real amount that should have been paid on June 30 to the
citizens of Old Miss was $1.9 million, but the good folks in Jackson settled for
a quarter million payment to give the gangrene company four months of breathing
room. The next “government” in line that is owed money
is the pension fund of Alberta (Aimco).
For over a year I warned Aimco of their toxic investments in Kior and
Bloom Energy without any reply. Aimco
had a guy named Jagdeep Singh Bachher as their investment guru who sat on the
boards of Kior and Bloom representing their large investments in these
companies. After resigning from Aimco, Mr. Bachher now heads the University of California
retirement fund. I have asked my
Assemblyman (Mr. Levine) and the UC Board of Reagents to investigate his hiring
for the post of chief investment officer.
I do not believe he is fit for the job given his history on the board of
directors of these two gangrene companies, and his cronyism with Kleiner Perkins
and Khosla Ventures
It will be interesting to see who is going to be the white
knight to help KIOR. The horsemen of the
green apocalypse are falling off their mighty steeds that were bought with tax
payer dollars. I can tell you that the second law of
thermodynamics will always hold and buying four months of time in the Magnolia
State is not going to change a thing that the magic catalyst cannot yield 2.8
barrels of usable products per bone dry ton of pine wood as KIOR claimed.
Condi I suggest you simply give up looking for weapons of
mass combustion. I love the way KIOR did
this the day before a long weekend and no one is there for comments.
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