Energy Department 'bet' on Fisker Automotive ends in bankruptcy

By Ronnie Greene

An Energy Department program meant to spur development of electric cars faces another setback with Fisker Chapter 11 filing.

Excerpts from this story referencing "Joe Biden":

"… thousands of jobs. “We're making a bet in the future,” Vice President Joe Biden said in October 2009, standing in a shuttered Delaware plant slated to spr …"

FACT CHECK: Slips in vice president's debate

By The Associated Press

Slips on Libya, Syria, auto bailout in vice presidential debate

Excerpts from this story referencing "Solyndra":

"… million to the politically connected and now-bankrupt solar power company Solyndra. But Ryan's claim made it sound like every penny went down the drain. …"

Scandalized DOE loan program has Romney connection

By Michael Beckel

Scandalized federal loan program was lobbied by Romney fundraiser.

Excerpts from this story referencing "Indiana":

"… ff 280 workers from a Colorado plant and delay the opening of a factory in Indiana. Earlier this month, the Government Reform Committee in the U.S. Hous …"

Treasury Department review of Solyndra loan was rushed, report says

By Chris Hamby

Energy Department didn't involve Treasury Department until loan to now-bankrupt company was largely finalized, report says

Excerpts from this story referencing "Solyndra":

"… t's review of the $535 million loan to now-bankrupt solar panel maker Solyndra, triggering a rushed consultation that may have left concerns unresolved, …"

"… iews and ignored warning signs echo previous iWatch News reporting on Solyndra.The loan, originally touted as a model of President Obama’s green energy …"

"… The Treasury report echoes what our investigation has shown over and over; Solyndra was a bad bet from the beginning that was rushed out the door while every …"

DOE needs better risk management

By Ronnie Greene and Matthew Mosk

In light of loans to companies like Solyndra, DOE needs better risk management of companies receving loans

Excerpts from this story referencing "Solyndra":

"… ma administration’s failed $535 million investment in upstart solar firm Solyndra, which declared bankruptcy last fall.But the review never directly address …"

"… hich declared bankruptcy last fall.But the review never directly addresses Solyndra’s failure, or another DOE-backed green energy venture that went bankrupt …"

"… y for Financial Stability, writes that he “did not evaluate the loans to Solyndra and Beacon” because those companies have already failed.He also notes th …"

"… he ranking Democrat on the House committee that has been investigating the Solyndra financing and the loan program more broadly, also greeted the report as a …"

Obama rainmakers enjoy White House invites, appointments and contracts

By Fred Schulte and Aaron Mehta

Dozens of the president's top fundraisers enjoy White House invites, administration appointments and government contracts

Excerpts from this story referencing "Solyndra":

"… overnment contracts, loans and other favors, citing the failed energy firm Solyndra, which collapsed after receiving a $535 million Department of Energy loan …"

"… llapsed after receiving a $535 million Department of Energy loan guarantee.Solyndra was partly financed by George Kaiser, a 2008 Obama bundler. Kaiser has den …"

Chu denies 'undue political influence' in Solyndra loan

By Matthew Mosk

Energy Secretary Steven Chu tells Congress he is surprised and dismayed by suggestions of undue influence behind Solyndra loan

Excerpts from this story referencing "Congress":

"… raiser for Obama during the 2008 campaign. …"

"… ive committee. "I don't believe it's a proper way to do business."Chu told Congress politics never played a role in the selection of the California company fo …"

Energy Dept. offered to put private investors ahead of taxpayers if Solyndra went bankrupt

By Ronnie Greene

Email trail shows Energy Department offered to put investors first if Solyndra collapsed

Excerpts from this story referencing "Solyndra":

"… ny executive. Solyndra’s announcement came Nov. 3. …"

"… tor aside with a last-ditch pitch: If investors raised $75 million to help Solyndra stay afloat, they would be first to collect if the fledgling firm went ban …"

"… loat, they would be first to collect if the fledgling firm went bankrupt. Solyndra did shut its doors this year, and now those investors, including a bundler …"

"… in line in bankruptcy proceedings. The Energy Department, which supported Solyndra with a $535 million loan guarantee even as auditors, analysts and governme …"

Emails show Energy Dept. sought to hide Solyndra layoffs until after 2010 elections

By Ronnie Greene and Matthew Mosk

Energy Department pressed Solyndra to delay layoffs until after pivotal 2010 election

Excerpts from this story referencing "CEO":

"… ubcommittee on Oversight and Investigations. Earlier in October, Solyndra CEO Brian Harrison emailed the Energy Department to alert it that the company …"

"… and, shortly after, filed for bankruptcy. The federal raid soon followed. CEO Harrison recently resigned. Solyndra has said it committed no crimes. Ene …"

Former Obama aide predicted Solyndra scandal — and urged Chu's ouster

By Matthew Mosk and Ronnie Greene

Former Obama campaign staffer considered Chu 'too associated' with Silicon Valley business elite

Excerpts from this story referencing "Solyndra":

"… the deliberations landed on West Wing desks just as the solar energy firm Solyndra was starting to show outward signs of financial trouble. It was sent by Da …"

"… t will be caught up in the wave of GOP attacks that are surely coming over Solyndra and other inside DOE deals that have gone to Obama donors and have underpe …"

"… -- on its own terms -- to a subpoena for all materials that reference the Solyndra loan in any way. Chu is scheduled to testify before a House Energy and Com …"

"… fy before a House Energy and Commerce investigative subcommittee about the Solyndra loan this week. White House officials said the emails received by Con …"

Obama donor weighed asking White House to save Solyndra, emails say

By Matthew Mosk

Emails from Obama bundler George Kaiser show he contemplated pulling government's strings to save solar firm

Excerpts from this story referencing "Solyndra":

"… n taxpayers to find out." …"

"… l of the internal communications about the $535 million government loan to Solyndra, a California solar panel manufacturer that went bankrupt. The White House …"

"… that the emails rebutted the repeated assurances from the White House that Solyndra did not attempt to use political influence to secure its federal loan, or …"

"… est Kaiser and his advisors saw no advantage in trying to pull strings for Solyndra inside the White House — and in fact, may have viewed such efforts as de …"

Few stimulus-financed energy projects were ‘shovel ready’

By Alexandra Duszak

Inspector general scrutinizes federal spending throughout Energy Department

Excerpts from this story referencing "Solyndra":

"… ailed $535 million investment in the now-bankrupt solar panel manufacturer Solyndra. Questions about Solyndra are likely to escalate amid a San Jose Mercury N …"

"… ent in the now-bankrupt solar panel manufacturer Solyndra. Questions about Solyndra are likely to escalate amid a San Jose Mercury News report Wednesday  …"

"… y executives pocketed bonuses from $37,000 to $60,000 in the months before Solyndra’s collapse and dismissal of 1,100 workers. Thursday, the scrutiny of th …"

"… s collapse and dismissal of 1,100 workers. Thursday, the scrutiny of the Solyndra financing will likely intensify as a House committee weighs issuing a subp …"

GOP to subpoena White House over Solyndra

By Corbin Hiar

Administration seeks audit of Energy Department loans while GOP threatens to subpoena the president

Excerpts from this story referencing "Troubled Asset Relief Program":

"… cial Herb Allison, who stepped down in September 2010 after overseeing the Troubled Asset Relief Program. A former investment banker, Allison has served on the boards of financial …"

Republicans call for probe of Obama’s green car program

By Matthew Mosk, Brian Ross and Ronnie Greene

Representative calls for further investigation into Energy Dept. loans to electric car companies

Excerpts from this story referencing "Connell":

"… that vehicle at less than half the cost of our first,” said Diarmuid O’Connell, Tesla’s vice president of corporate and business development. He says t …"

"… almost impossible to do it right the first time around.” Tesla’s O’Connell disputes that, calling his company a “disruptive” force in the auto in …"

"… s and Exchange Commission says. In an interview on ABC’s Nightline, O’Connell is asked how the company will repay the loan if it doesn’t make a profit …"

Obama Administration defends Fisker cars from Solyndra comparison

By Matthew Mosk

Both Obama Administration and Finnish car company distance themselves from comparison to failed energy project Solyndra

Excerpts from this story referencing "Solyndra":

"… s loan invited comparisons to the ill-fated Energy Department loan to Solyndra, because delays and obstacles have hampered progress on the luxury electri …"

"… acles have hampered progress on the luxury electric car, called the Karma. Solyndra, a solar panel manufacturer that received $535 million in taxpayer support …"

"… nd the Obama administration spent the past few days trying to head off the Solyndra comparisons. They defended the administration's effort to give a boost to …"

Energy's risky $1 billion bet on two politically-connected electric car builders

By Ronnie Greene, Matthew Mosk and Brian Ross

Two politically connected firms get $1 billion in federal loans to build electric cars

Excerpts from this story referencing "Tesla Roadster":

"… re complex than the non-powertrain portion of the production model for the Tesla Roadster.” The company added, “We may experience similar delays in launching t …"

Obama campaign reports more than 350 big bundlers, including Solyndra figures

By Aaron Mehta

41 bundlers round up $500,000 each for Obama's re-election

Excerpts from this story referencing "Solyndra":

"… 000.Among the 358 big bundlers are two men prominently tied to the ongoing Solyndra controversy.Included in those totals are 114 new bundlers who had not been …"

"… s disclosed last summer have notably increased their efforts for Obama.The Solyndra-related bundlers are Steve Westly and Steven Spinner, whose names have fig …"

"… White House secured approval for a controversial product. Bundler Ties to SolyndraThose bundlers who didn’t receive jobs can still have the ear of the Whit …"

"… llout that could ensue if the president visited the factory being built by Solyndra.“Could you perhaps check with [the Energy Department] to make sure they …"

Energy Dept. ignored warnings on Solyndra, say treasury emails

By Ronnie Greene and Matthew Mosk

Officials say DOE was warned about refinancing of loan to solar firm Solyndra

Excerpts from this story referencing "DOE":

"… on dollar federal loan, a Congressional hearing Friday revealed. When the DOE refinanced the government's $535 million loan to the California solar pane …"

"… rtment documents released by the committee also show that officials warned DOE and the White House about the refinancing. The Office of Management and B …"

"… gement and Budget also raised questions, emails show. In December 2010, as DOE moved to restructure the loan, an OMB official wrote: “There are some qu …"

"… B official wrote: “There are some questions at the staff level about how DOE is going about the restructuring for Solyndra. At least one involves the l …"

Solyndra CEO Brian Harrison resigns

By Matthew Mosk and Ronnie Greene

House hearing will investigate DOE's refinancing of Solyndra loan

Excerpts from this story referencing "Solyndra":

"… r, a bundler of campaign contributions to the president in 2008. …"

"… istration, has resigned.In papers filed with a bankruptcy court Wednesday, Solyndra said that Brian Harrison had left his post on Friday, Oct. 7, "as contempl …"

"… Friday, Oct. 7, "as contemplated even before these cases were commenced." Solyndra shut its doors and declared bankruptcy six weeks ago.Solyndra filed the pa …"

"… commenced." Solyndra shut its doors and declared bankruptcy six weeks ago.Solyndra filed the papers in a Delaware court in response to a motion by the Depart …"

Fundraiser for Obama urged Solyndra deal from the inside

By Ronnie Greene and Matthew Mosk

With White House "breathing down my neck," bundler-turned-appointee pushed Solyndra loan

Excerpts from this story referencing "Solyndra":

"… ergy Department officials to move faster in approving a loan guarantee for Solyndra, even as his wife’s law firm was representing the California solar compa …"

"… or Obama's campaign, joined the DOE in April 2009.The $535 million loan to Solyndra was ultimately approved in 2009 and for months was touted by President Oba …"

"… one high ranking energy official in the White House warns shortly before Solyndra’s bankruptcy, on Aug. 26, that what’s coming is a “*#~@ show” and …"

"… s.”In the lengthy email discussions that occurred in the days before the Solyndra loan closed in September 2009, Spinner emerges as a key figure in advocati …"

Head of embattled energy loan program, Jonathan Silver, steps down

By Matthew Mosk and Ronnie Greene

Venture capitalist-turned-chief of embattled energy loan program resigns amid Solyndra fallout.

Excerpts from this story referencing "Solyndra":

"… ing which the program's first loan recipient, the solar panel manufacturer Solyndra, declared bankruptcy, leading to a wave of scrutiny for his agency. Energ …"

"… was forced to defend his administration's decision to lend $535 million to Solyndra, a decision that came despite deep misgivings among professional budget an …"

"… Department was giving favorable treatment to some applicants – including Solyndra. At the time, Silver strongly defended the loan to Solyndra, promising tha …"

"… – including Solyndra. At the time, Silver strongly defended the loan to Solyndra, promising that the company would be delivering thousands of new American …"

Donor warned Obama that Solyndra 'could haunt him'

By Matthew Mosk and Ronnie Greene

Venture capitalist's email illustrates closeness between administration and campaign bundlers

Excerpts from this story referencing "Solyndra":

"… llout that could ensue if the president visited the factory being built by Solyndra. “Could you perhaps check with [the Energy Department] to make sure the …"

"… alistic/optimistic forecasts that could haunt him in the next 18 months if Solyndra hits the wall, files for bankruptcy.” President Obama told ABC News Mon …"

"… ama told ABC News Monday that he does not regret touting the solar company Solyndra as a model of his jobs program, or loaning $535 million in taxpayer money …"

"… use Democrats Monday to emphasize that no government decisions relating to Solyndra were influenced by considerations relating to campaign donations. However, …"

Solyndra executives refusing to answer bankruptcy questions

By Matthew Mosk and Ronnie Greene

Top officers at failed solar firm Solyndra refuse to co-operate with bankruptcy proceedings

Excerpts from this story referencing "Solyndra":

"… trouble had been overlooked by the Department of Energy. …"

"… own, according to papers filed by Justice Department lawyers late Friday.A Solyndra attorney told U.S. officials the reason he would not identify the company …"

"… ves declined to answer, according to the new bankruptcy filing: ”Whether Solyndra has a plan to repay the loan obtained from the U.S. Government.” Word of …"

"… has a plan to repay the loan obtained from the U.S. Government.” Word of Solyndra’s refusal to cooperate in bankruptcy proceedings comes just days after t …"

Bundlers on the inside

By Ronnie Greene, Matthew Mosk and Ronnie Greene

Top Obama fundraisers at Energy Department included an overseer of stimulus billions.

Excerpts from this story referencing "Exelon":

"… ith the award, a company official said. Spinner invested $1,001-$15,000 in Exelon. A subsidiary of Exelon was awarded a $200 million DOE grant in late 2009. …"

"… official said. Spinner invested $1,001-$15,000 in Exelon. A subsidiary of Exelon was awarded a $200 million DOE grant in late 2009. A spokeswoman said the …"

The weekly watchdog: Sept. 19 - Sept. 23

By Bill Buzenberg

In case you missed them, catch up on this week's top investigations from iWatch News

Excerpts from this story referencing "Essential Air Service":

"… hat once a program is created in Washington, it’s very hard to kill. The Essential Air Service subsidy was designed in 1978 as a 10-year initiative to help rural airport …"

Solyndra excutives stonewall Congress

By Matthew Mosk

Officials from failed solar firm Solyndra duck questions about $535M loan

Excerpts from this story referencing "Solyndra":

"… mmittee Friday. …"

"… payer rip-off," Energy and Commerce Chairman Fred Upton (R-Mich.) told the Solyndra executives. "We're not done. No we're not." The decision of Solyndra CEO …"

"… the Solyndra executives. "We're not done. No we're not." The decision of Solyndra CEO Brian Harrison and Chief Financial Officer W. G. Stover to repeatedly …"

"… ancial Officer W. G. Stover to repeatedly refuse to answer questions about Solyndra's Energy Department loan guarantee was the latest twist in an unfolding in …"

Solyndra told Congress it was 'on track' for success

By Matthew Mosk and Ronnie Greene

A status report of solar firm's finances assured Congress a

Excerpts from this story referencing "Solyndra":

"… before declaring bankruptcy, the federally-backed solar power company Solyndra sent a memo to Congress describing the company as "ramping" up its pr …"

"… year.The document obtained by ABC News, entitled "Exceeding Expectations: Solyndra Today," now appears to have grossly distorted the company's actual financi …"

"… eady asking tough questions about the $535 million in federal backing Solyndra had received.Since Solyndra sent the document to Congress on June 23, …"

"… the $535 million in federal backing Solyndra had received.Since Solyndra sent the document to Congress on June 23, followed by a mid-July letter ma …"

Solyndra executives will take the Fifth before Congress

By Matthew Mosk

Top solar firm executives will plead the Fifth before Congress this week

Excerpts from this story referencing "Solyndra":

"… and a very good investment." …"

"… tated by current circumstances," wrote Walter F. Brown Jr., the lawyer for Solyndra CEO Brian Harrison in a letter to Congress. Among those circumstances, th …"

"… osition not to [take the Fifth]," wrote Jan Nielsen Little, the lawyer for Solyndra's chief financial officer, W.G. Stover, Jr., in a separate letter. In a s …"

"… ancial officer, W.G. Stover, Jr., in a separate letter. In a statement, a Solyndra spokesperson said Harrison and Stover would be "unable to provide substant …"

The weekly watchdog: Sept. 12 - Sept. 16

By Bill Buzenberg

In case you missed them, catch up on this week's top investigations from iWatch News

Excerpts from this story referencing "Solyndra":

"… rg.Until next week,Bill BuzenbergExecutive Director …"

"… ed the New Solyndra?There are some troubling similarities between bankrupt Solyndra's troubles and LightSquared, a wireless company with deep connections into …"

"… o partially offset the hard-money fundraising gap enjoyed by the Democrats.Solyndra Saga ContinuesThe ill-fated and bankrupt solar company Solyndra is still i …"

"… Democrats.Solyndra Saga ContinuesThe ill-fated and bankrupt solar company Solyndra is still in the news, thanks to more exclusive coverage from iWatch News. …"

Center's Ronnie Greene Discusses Solyndra with CNN

Reporter Ronnie Greene interviewed for a CNN segment on failed solar company Solyndra

Excerpts from this story referencing "Solyndra":

"… terviewed below in this CNN report. …"

Pages