Something to ask the Congress and Senate about?????
2. While visiting Solyndra in May of 2010, President Barack Obama claimed Solyndra was “leading the way toward a brighter and more prosperous future.”
3. In August of 2011, The Washington Post reported that Solyndra shut down, "leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans." According to Solyndra Chief Executive Brian Harrison, "Regulatory and policy uncertainties made it impossible to raise capital to quickly rescue the operation."
4. The Solyndra controversy was elevated to a scandal when it was revealed that Office of Management and Budget officials felt pressured to approve the loan, despite an awareness of Solyndra's financial instability. ABC News reported, "The deal later came under scrutiny from independent government watch dogs and members of Congress, which said the administration had bypassed key taxpayer protections in a rush to approve the funds — claims the administration has denied."
2. While visiting Solyndra in May of 2010, President Barack Obama claimed Solyndra was “leading the way toward a brighter and more prosperous future.”
3. In August of 2011, The Washington Post reported that Solyndra shut down, "leaving 1,100 people out of work and taxpayers obligated for $535 million in federal loans." According to Solyndra Chief Executive Brian Harrison, "Regulatory and policy uncertainties made it impossible to raise capital to quickly rescue the operation."
4. The Solyndra controversy was elevated to a scandal when it was revealed that Office of Management and Budget officials felt pressured to approve the loan, despite an awareness of Solyndra's financial instability. ABC News reported, "The deal later came under scrutiny from independent government watch dogs and members of Congress, which said the administration had bypassed key taxpayer protections in a rush to approve the funds — claims the administration has denied."
