EMAIL DETAILS

Solyndra and the White House
Letting sunlight in
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.

See full article
Sent from
The Economist on iPadSee our digital and mobile products


"This communication may contain privileged or confidential information. If you are
not the intended recipient(s), you are hereby notified that you have received this
message in error and that any review, dissemination, distribution or copying of this
message is strictly prohibited. Any views or opinions presented are solely those of
the author and do not necessarily represent those of Third Point LLC or its
affiliates. If you have received this communication in error, please notify us
immediately by email, and delete the original and any copies of the message. We do not waive
confidentiality if you have received this communication in error. In the UK, this
communication is directed to those persons who are market counterparties
or intermediate customers (as defined in the rules of the Financial Services
Authority).

This is not an offer, or solicitation of any offer, to buy or sell any security,
investment or other product."