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Monday, October 10, 2011

Solyndra Fallout:House GOP Wants Info On Other Loans Made At Deadline

Emails released earlier this month show that at least one official of the Office of Management and Budget worried that Solyndra was just the tip of the iceberg when it came to ill-conceived government loans to green energy companies.
“(W)hat’s terrifying is that after looking at some of the ones that came next, this one started to look better,” the official emailed. “Bad days are coming.”
Rep. Darrell Issa, R-Calif., chair of the House Committee on Oversight and Government on October 7 wrote to Energy Secretary Dr. Steven Chu to see just what other problematic loans might exist.

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