The House Oversight Committee announced plans to investigate how the failing solar panel company Solyndra got the Obama White House to fast-track $535 million in government loans to them despite many red flags. There are accusations of cronyism, improper White House meetings and favors for campaign donations. But Reuters obtained letters from the lawyers for top Solyndra execs, saying they plan to take the 5th and not speak to Congressional investigators.
- They proved they are truly a “green company” by flushing a whole lot of taxpayer “green” down the toilet.
- Solyndra probably would have actually made money if they’d just made red flags!
- You gotta admit the half-billion they got from the White House did create jobs… for bankruptcy lawyers.