1 of 212

Tag Archives: Solyndra

Many Guaranteed “Green Energy” Loans Went to Established Companies, Including Can You Believe, Goldman Sachs?

The article attached explains how many companies worked the green energy scheme.

Often the recipients of the taxpayer backed loans were not fledgling companies at all. They were subsidiaries of larger, established companies, which should have funded such ventures without help from the taxpayer. However, since these ventures often made little economic sense they let you and me underwrite them.

Read More

White House Stonewalling Solyndra Investigation

Congressional Republicans are trying to get at the heart of the Solyndra matter but the White House has not been helpful. Not that this is surprising.

(From Politico.com)

“The initial deadline for producing the requested documents was Feb. 21 and they are still withholding these records,” he added. “The subpoena is now 7 months old and President [Barack] Obama, who promised the most transparent administration in history, continues to thwart the subcommittee’s constitutional responsibility to provide oversight.”

Read More

WASHPO Peels Back the Solyndra Mess

Oh, and what a mess. Turns out George Keiser actually did have a hand in running things at the solar firm. He wanted the government to not only loan the company money at below market rates, he even thought (it is inferred) that it might be a good idea for the government to buy the solar panels Solydra produced at above market rates. Talk about coming and going. Read More

Solyndra: Lawyers @ $2550/hr

Former MA governor William Weld has signed on as lobbyist for Solyndra and former Steny Hoyer aide David Ransom has joined to team too. Now how is Solyndra paying for these folks? Guess there’s some more of that taxpayer funded loan laying around. Read More

1 of 212