Energy Department auto loan program sputters

By Ronnie Greene

A $25 billion Department of Energy loan program has not closed a loan in two years amid the specter of Solyndra.

Excerpts from this story referencing "ABC News":

"… ve found success. An investigation by The Center for Public Integrity and ABC News, published in October 2011, revealed that DOE made a $1 billion bet on two …"

Solyndra loan guarantee 'a bad bet from the beginning,' GOP report says

By Alice Su

The Department of Energy knew a $535 million loan guarantee to the failed solar-panel maker was risky, a House report says.

Excerpts from this story referencing "Solyndra":

"… rtment of Energy knew its $535 million loan guarantee to solar-panel maker Solyndra Inc. was “a bad bet from the beginning” but was “determined to make …"

"… Inc. was “a bad bet from the beginning” but was “determined to make Solyndra a stimulus success story at any cost,” the Republican-led House Energy a …"

"… ouse Energy and Commerce Committee concluded in a report released Thursday.Solyndra failed last year. The committee’s 154-page report follows its approval W …"

"… ommittee’s 154-page report follows its approval Wednesday of the No More Solyndras Act, which would disband the DOE loan guarantee program. The bill&nb …"

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

Department of Energy knew of Solyndra risks, former FBI agent finds

By Ronnie Greene

Department of Energy knew the risks of backing Solyndra Inc. with a half-billion dollar loan, a former FBI agent found.

Excerpts from this story referencing "ABC News":

"… ure a green energy loan guarantee.And, the Center for Public Integrity and ABC News reported last year, Energy Secretary Steven Chu announced that conditional …"

Audit cites risk in DOE loan program

By Ronnie Greene

A new audit of the Department of Energy’s $34 billion loan guarantee program said the agency doesn’t always follow its own rules

Energy-backed firms award bonuses, file bankruptcy

By Ronnie Greene and Matthew Mosk

The DOE financed green energy companies that later fell into bankruptcy — but not before the firms awarded big executive bonuses

Excerpts from this story referencing "Congress":

"… ork. The potential default rate, they say, is within the parameters set by Congress.Yet some members of Congress — already concerned about lucrative paydays …"

"… te, they say, is within the parameters set by Congress.Yet some members of Congress — already concerned about lucrative paydays at bankrupt Solyndra — say …"

Obama’s ‘smidgen’ of truth on energy efficiency

By FactCheck.Org

The President inaccurately calls out conservatives for failing to offer new green ideas

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 "spokesman":

"… range of projects that carry different levels of risk,” said White House spokesman Eric Schultz, “today’s report finds that the Department of Energy has …"

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

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 "Energy Secretary":

"… ay its debt. And it agreed to keep investors in line first in bankruptcy. Energy Secretary Steven Chu signed off on the arrangement, records show. Chu, facing escala …"

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

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

House committee votes to subpoena White House over Solyndra loan

By Corbin Hiar, Ronnie Greene and Matthew Mosk

A House committee voted Thursday along party lines to subpoena President Obama's inner circle for Solyndra correspondence

Excerpts from this story referencing "Larry Summers":

"… senior advisor Valerie Jarrett, former National Economic Council Director Larry Summers, and Ron Klain, former chief of staff to Vice President Joe Biden. In a s …"

Few stimulus-financed energy projects were ‘shovel ready’

By Alexandra Duszak

Inspector general scrutinizes federal spending throughout Energy Department

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 "United States":

"… the Associated Press. “While we continue to take steps to make sure the United States remains competitive in the 21st century energy economy, we must also ensur …"

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 "The Washington Post":

"… inspectors general from the Energy and Treasury departments. On Saturday, The Washington Post followed with the discovery that the Energy Department quietly eased expec …"

Solyndra investor's foundation status called into question

By Amy Biegelsen

Senator questions tax status of George Kaiser's foundation

Excerpts from this story referencing "Charles Grassley":

"… assets. Gifts to private foundations yield tax deductions for donors.Sen. Charles Grassley, R-Iowa, raised questions Tuesday about Kaiser’s involvement.“With Sol …"

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 "president":

"… ahoma oil billionaire Kaiser, a "bundler" of campaign contributions to the president in 2008. Damien LaVera, an Energy Department spokesman, said politics nev …"

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 "Steven Chu":

"… cure new investors.” That warning came one month before Energy Secretary Steven Chu announced DOE’s commitment to back the solar panel firm.There also appea …"

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 "Inspector General":

"… before its collapse, bankruptcy and raid by the FBI and Energy Department Inspector General. Records show the due diligence shortcuts were one of a cascading series …"

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

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 "Mackey Dykes":

"… green energy issues as a member of a high-level volunteer advisory panel. Mackey Dykes, who was a finance manager for the Obama campaign, was hired to be the lia …"

Solyndra excutives stonewall Congress

By Matthew Mosk

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

Excerpts from this story referencing "Bush administration":

"… f the competitive application process, starting in December 2006 under the Bush administration and continuing under the Obama administration." The subcommittee's invest …"

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

Solyndra executives will take the Fifth before Congress

By Matthew Mosk

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

Obama White House warned Solyndra bad for re-election

By Matthew Mosk

White House analysts knew the $535M loan to Solyndra might have bad consequences, and told President Obama about it

Excerpts from this story referencing "Washington":

"… d emails sent by Chris Fish, a lobbyist with McAllister & Quinn LLC in Washington. In July 2010, Fish requested a meeting between Solyndra executives and Br …"

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. …"

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