Shepstone Management Company, Inc.
Andrew Cuomo’s Buffalo Billion sinking of taxpayer monies into Elon Musk’s solar scam has been written down to 8 cents on the dollar; an $884 million loss.
Imagine you build a new house in Upstate New York for $300,000. It’s got the latest in appliances and a modern heating system. The place is nicely landscaped and well maintained. But, six years later you have to sell it because you’ve taken a new job in Texas. You go to a realtor who tells you it’s now worth a mere $24,000. Sound far-fetched? Well, no, that’s what just happened with Andrew Cuomo’s “Buffalo Billion” investment of $958.6 million in the SolarCity scam engineered by Elon Musk and his cousins to exploit Andrew Cuomo.