04 Nov '11, 10pm

Solyndra Auction Draws Huge Crowd

Solyndra Auction Draws Huge Crowd

Solyndra Auction Draws Huge Crowd By MICHAEL KANELLOS Bloomberg News Assorted computers at the Solyndra bankruptcy auction in Fremont, Calif. There’s nothing like a financial train wreck to draw a crowd. This week’s auction for industrial assets, office equipment and company T-shirts owned by the failed solar manufacturer Solyndra, which we previewed in Tuesday’s Times , was wildly successful, according to Ross Dove, a managing partner at Heritage Global Partners, which conducted the two-day event . “We had over 1,000 people at the factory and 2,500 online. We had people from Tunisia, Beijing, Shanghai,” he said. “Usually, at an industrial auction you get 100, 200, 300 people. We haven’t had that many people since Enron,” Mr. Dove added, referring to the 2002 auction, also overseen by the Dove family, of that failed company’s assets. And, like the Enron auction , the Solyn...

Full article: http://green.blogs.nytimes.com/2011/11/04/solyndra-auctio...

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