Solyndra and the White House
Did the White House play fast and loose with public cash?
WASHINGTON, DC
“QUESTIONS will be asked”, a farsighted official wrote in January, “as to why the administration made a bad investment, not just once…but twice.” Sure enough, Congress, the press and the Republican presidential candidates, among others, have plenty of questions about Solyndra, a maker of cylindrical solar panels that continued to receive instalments of a generous government loan even as it hobbled towards bankruptcy. Two committees of the House of Representatives were holding hearings on the fiasco this week. The FBI is investigating the firm, as are the Energy and Justice Departments and the Treasury. The chairman of the House Judiciary Committee wants the Justice Department to open a full-scale independent investigation.
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