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October 31, 2011
This is an investment of taxpayers’ money that’s gone bad. After eight months of investigations we have a right … to say, ‘what about the internal communications inside the top advisers to the White House? Let’s see them.’
Rep. Cliff Stearns, chairman of the Energy and Commerce Subcommittee on Oversight • Discussing his plans to subpoena the White House regarding Solyndra, the energy company that the government loaned hundreds of millions of dollars to in 2010, only to see the company go belly up just over a year later. Reports seem to suggest that Obama staffers had close ties to the company, leading to the current situation. “It appears to us, disturbingly, that there is a close relationship between the investors — the people who were wealthy donors to the Obama campaign — and the people that were involved with Solyndra,” Stearns said. “That disturbs us all and we’d like to see the communications to make sure that is not true.” source (via • follow)
10:23 // 2 years ago
October 8, 2011
Leaked e-mails: White House staffer was heavy Solyndra cheerleader
- who Former White House official Steven Spinner, an Obama fundraiser and Silicon Valley investor who advised the Energy Department on alternative energy loan programs.
- what E-mails showed that Spinner heavily pushed the Solyndra loans, despite the fact that he was supposed to be recused from the case. The company later failed.
- why His wife’s law firm represented the company, and while she didn’t closely work on the company’s case, the firm benefited from the government loan. source
10:20 // 3 years ago
June 14, 2011
Google invests a crapload of money in solar power: Google’s $280 million investment in Solar City, which leases solar cells to residential consumers at costs lower than traditional power, could be a long-term boon for green energy. source
10:49 // 3 years ago