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Thursday, August 27, 2015

Solyndra lied to get loan guarantee, investigators say

Officials at solar power technology company Solyndra Inc. repeatedly gave false or misleading information to the Department of Energy (DOE) to get the loan guarantee that resulted in widespread condemnation of the Obama administration, an investigation found.

The report released Wednesday is most in-depth probe into the Solyndra scandal, which became a popular talking point to criticize President Obama’s green policies when the company went belly-up in 2011, just in time for the 2012 presidential election.The DOE’s Office of Inspector General said that Solyndra leaders engaged in a “pattern of false and misleading assertions and statements” both to government employees considering and monitoring its $535 million loan guarantee and to Congress.

The 13-page report outlines the results of a joint investigation the office completed with the FBI.

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5 comments:

Steve said...

GOSH! You finally figured that out???

You must be a Genius!

We are so lucky to have you on board!

Anonymous said...

Oh, wow!! I didn't see that coming! LOL

Anonymous said...

Wasn't this the company that was going to be in the old Maxim Marine building?

Anonymous said...

Hopefully, there will be enough evidence to convict one of the POSOTUS cronies - maybe that weenie will roll over on a number of others so the regime can be taken down with the law!

Anonymous said...

doesn't take much to fool a fool