Obama admin reworked Solyndra loan to favor donor. Administration officials defended the loan restructuring, saying that without an infusion of cash earlier this year, solar panel maker Solyndra Inc. would likely have faced immediate bankruptcy, putting more than 1,000 people out of work. So, doing this to save 1,000 jobs for such a short time was smart?
This post was last modified on February 23, 2021
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Can we say Solargate?????? Between this and the Fast and Furious, and now the Lightspeed GPS scandal, why isn't some heads rolling?
This is really a stinking pile! I've sent my congresswoman an email that if she and others in congress don't do something about this it makes them complicit in the whole mess. It's hard to believe that they (Obama and his liberal cohorts in congress) would do this and not have ANY hint of the potential for failure. The business model for Solyndra, if there indeed was one, must have been a fairy's tale. This is an issue that should haunt Obama right through election. It can't be allowed to fizzle out.