Friday, September 30, 2011

“Solyndra was the product of a bad bet rushed out the door and taxpayers are now on the hook... We cannot afford DOE rushing out more Solyndras in these final hours.”

DOE Pushing On With $5 Billion In Solar Energy Loans - CNBC
FBI Said to Be Probing Solyndra for Possible Account Fraud - Bloomberg
Energy Secretary Steven Chu acknowledged Thursday making the final decision to allow a struggling solar company to continue receiving taxpayer money after it had technically defaulted on a $535 million federal loan guaranteed by his agency. - Washington Post
Obama still silent on brewing Solyndra debacle - Brian Hughes/Washington Examiner

President Obama has remained silent weeks after a green-energy firm that received a more than $500 million loan from his administration went bust, avoiding a brewing controversy on Capitol Hill even as new details trickle out about the firm facing multiple investigations by Congress and the Justice Department.

Solyndra’s lawyers major Obama, Democratic donors - The Daily Caller