Major financial publications, at least those that go beyond printing SunEdison's press releases verbatim, are referring to SunEdison as a "House of Cards". This is appropriate on two levels:
In this article, The Motley Fool's Travis Hoium explains how SunEdison is vulnerable to a raising cost of debt service coupled with a falling stock price. Over the past 30 days SunEdison stock has lost 60% of its value and lowering the cost of servicing its $10.7 BILLION in debt (as of June 31.2015) doesn't even qualify as a pipedream.
We can only hope that First Wind henchmen Paul Gaynor (formerly Enron), Kurt Adams (former Chair, Maine PUC), Angus King 3rd (son of Obama crony AK), Jim Cassida (formerly DEP) and others are heavily invested in SunEdison stock!
Sure, with the stock price in the dumps there are going to be buyers (esp SunEdison directors and employees) but as they say "even a dead cat bounces". For the latest see: Sunedison (SUNE) marked as a dead cat bounce stock
This story ought to be shared widely. SunEdison has launched an all-out propaganda tsunami to mask the truth. Consider for example the "article" that ran in Windpower Monthly just yesterday (8/24) entitled "Analysis: SunEdison heading for renewables 'supermajor' status". I guess they had to put 'Analysis' in the title to mask the fact that the article is a product of professional wind energy cheerleader, Ros Davidson. See her scorecard in the Carbon Capture Report.