The Solyndra hearings

As you know the House Energy and Commerce Committee is conducting hearings into the loan provided by the Department of Energy to the now bankrupt Solyndra.  This Friday Solyndra’s CEO, Brian Harrison, and its CFO, W.G. Stover, were expected to testify. Read more

Here’s an idea: Solyndra is Bush’s fault

That idea was floated briefly by Representative Henry Waxman (D. Ca.) during yesterday’s hearing before the House Energy and Commerce Committee.  Mr. Waxman is a member of said committee.  And, what follows if a piece of his “questioning” of  Jonathan Silver, head of the Department of Energy’s loan guarantee program. Read more

Solyndra, Part III UPDATE

We’ve done two posts about Solyndra recently.  The first explained that the solar panel manufacturing company which had received $535 million in loan guarantees as part of the Stimulus Bill, had abrubtly closed its doors last week.  The second explained that one of the Solyndra investors was a Tulsa billionaire who, coincidently, had contributed to the President Obama’s campaign. Read more

The Solyndra plot thickens

We did a post yesterday about the bankruptcy of Solyndra, a company that manufactures solar panels, and received a $535 loan guarantee to construct a new plant in Fremont,California.  It now seems that there is far more to this story than originally thought. Read more