House Minority Leader Bradley H. Jones, Jr. issued the following statement today after Evergreen Solar announced they had voluntarily filed for Chapter 11 bankruptcy protection:
“The fact that Evergreen Solar has filed for bankruptcy protection should serve as a lesson to the Patrick Administration that throwing money at what they decide is the” industry du jour” won’t necessarily translate into success for the Commonwealth.
Not even a year ago, Governor Patrick and Lieutenant Governor Murray were riding the Evergreen Solar horse all the way to re-election. And now the horse is no more. The Patrick/Murray Administration refrained from doing their due diligence, and instead wrote a $58 million dollar check from the taxpayers’ check book.
In a time where individuals and families are struggling financially, we need to be much more judicious in how we spend taxpayer dollars: on targeted, responsible investments to spur economic growth within Massachusetts.”