Wednesday, July 11, 2018

Schumer and The Dems Bailed Out Canada's Pension Fund

Holly Macaroni

When Schumer the Bloomer, Crooked Chris Coons, Toxic Tom Carper, and the Senate Democrats bailed out Bloomdoggle Energy with the 30% investment tax credit they actually bailed out CPPIB the Canadian State Pension Fund.

It turns out CPPIB holds $231.5 million of the 6% secured notes in Bloomdoggle Energy.  These notes can be converted to equity and CPPIB will then hold 26.5 million shares out of a total of 114.5 million shares or over 23% of the Bloomdoggle.

Bloom Energy was dead until Chuck the Schmuck bailed them out with the 30% ITC.  In fact Chuck the Schmuck bailed out the Canadian Pension fund that would have had to take a massive writedown of their huge debt holding in the largest ecofraud of the 21st century.  THE BLOOMDOGGLE.

The boys at Breitbart need to tell Donald Trump to bring this up with the baby face Prime Minister of Canada next time he talks to him.

Here is the screenshot from the S1 that shows the CPPIB holdings of Bloom 6% notes.

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