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Tuesday, September 13, 2011
Officials Suspected Trouble At Solar Panel Manufacturer
Administration officials suspected trouble at a solar panel manufacturer long before it went bankrupt and cost the government half a billion dollars. Solyndra Incorporated had received a federal loan guarantee under an Energy Department program to promote green energy. House investigators said that even while Solyndra testified its finances were improving, Energy and Labor officials suspected trouble. They were aware the company was about to restate its earnings. As early as 2010, the company canceled a public stock offering. Now the FBI is investigating the company. Last week it raided headquarters and the homes of Solyndra officers and the House has issued subpoenas to Energy and Labor, trying to find out who knew what, and when.
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2 comments:
Administration officials suspected trouble?
B.S.!!!!
They are spinning and in full damage control. Follow the money, it will lead right back to the DNC!
Just more of my tax dollars given to a few corporate haeds and investors. Nothing will come of this. The nations attention is on the elections. Besides to the idiots in Washington "Whats half a billion in the whole scheme of things." Time to work for 'cash only'!!
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