Today's Required Reading: Orsted, Siemens Financial Struggles Have Investors on the Edge

Bloomberg and other media outlets are now reporting about the ongoing financial disasters faced by Big Wind developers, especially Orsted and Siemens, both of whose management executives have recently taken to demanding bailouts from governments in Germany, the UK and the US.

This spectacle of huge corporations whose entire business models are based on the perpetuation of massive government subsidies now demanding those same governments bail them out for their failing offshore wind debacles how has investors on edge waiting for the next shoe to drop.