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 "Nissan North America":

"… ve projects. The money, records show, helped stalwarts Ford Motor Co. and Nissan North America transform factories to build fuel-efficient vehicles, and cutting-edge ups …"

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.

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.

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 "Senate Finance Committee":

"… first place,” said Sen. Charles Grassley, R-Iowa, former chairman of the Senate Finance Committee. “In the case where there might be federal grants or federal loans, I wo …"

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 "oil":

"… of the partisan attack on the program by congressional Republicans and the oil and coal industries,” Waxman said.Republican members of Congress leading …"

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 "California":

"… vernment finalized the loan, marking the ceremony with a groundbreaking in California and Vice President Joe Biden beamed in on a giant video monitor. Chu was o …"

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 "California":

"… al for months. In late August, the company shut the doors at its Fremont, California plant, fired workers and, shortly after, filed for bankruptcy. The federal …"

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

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 "California":

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

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

Few stimulus-financed energy projects were ‘shovel ready’

By Alexandra Duszak

Inspector general scrutinizes federal spending throughout Energy Department

Excerpts from this story referencing "California plant":

"… going investigations into the company; when the FBI raided the company’s California plant in September, the Inspector General’s Office was on hand. Yet Frie …"

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 "Office of Management and Budget":

"… Earlier this year, the Republican-led committee pressed a subpoena for Office of Management and Budget records on the Solyndra deal. That subpoena was approved in a vote that fe …"

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

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 "Iowa":

"… ivate foundations yield tax deductions for donors.Sen. Charles Grassley, R-Iowa, raised questions Tuesday about Kaiser’s involvement.“With Solyndra, t …"

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 "Department of Justice":

"… s DOE has other authorities, these adjustments may require approval of the Department of Justice," he wrote. Treasury's questions persisted. In one pointed memo shortly b …"

"… lyndra filed the papers in a Delaware court in response to a motion by the Department of Justice to appoint a trustee to oversee the company's bankruptcy case. The Justice …"

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 "Obama":

"… company that received a controversial $535 million loan guarantee from the Obama administration, has resigned.In papers filed with a bankruptcy court Wedne …"

"… e Treasury Department and the Department of Energy's Inspector General.The Obama administration had selected Solyndra as the first to receive a loan under …"

"… ng energy from cleaner sources, such as solar, wind and nuclear. President Obama personally visited the Solyndra complex, hailing it as a leader in this em …"

"… he role political influence may have played in Solyndra's selection as the Obama administration's first loan guarantee recipient.Damien LaVera, an Energy D …"

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 "Obama":

"… lling the Boston group the company would create thousands of jobs. …"

"… d is this? What is he waiting for?” Steven J. Spinner, who worked in the Obama administration's energy loan guarantee program, wrote in August 2009. “I …"

"… high-tech consultant and energy investor who raised at least $500,000 for Obama's campaign, joined the DOE in April 2009.The $535 million loan to Solyndra …"

"… dra was ultimately approved in 2009 and for months was touted by President Obama as a model of his efforts to create new jobs in the emerging field of clea …"

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 "Energy Department":

"… other shoes does this Administration expect to drop?” …"

"… m in March. Already, government auditors had begun questioning whether the Energy Department was giving favorable treatment to some applicants – including Solyndra. …"

"… sing that the company would be delivering thousands of new American jobs. Energy Department officials and the White House have maintained that politics never entered …"

"… billions of dollars to start-up companies in the alternative energy space. Energy Department officials said that during his tenure, the loan programs he oversaw were s …"

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 "heavy machinery":

"… y construction/new jobs heavy. 400+ union labor workers in hard hats using heavy machinery both indoors and outdoors.” At the same time, a July 21 e-mail from Sol …"

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 "Energy":

"… f a federal investigation into the firm’s behavior is whether it lied to Energy Department officials in order to secure additional financing after the com …"

"… s later, part of an investigation that involves inspector generals for the Energy Department and the Treasury Department. In addition, Republicans in the Ho …"

"… artment and the Treasury Department. In addition, Republicans in the House Energy and Commerce Committee have been working to dissect the deal and understan …"

"… s of Solyndra's financial trouble had been overlooked by the Department of Energy. …"

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 "Energy Department":

"… rs went from soliciting political contributions to working from within the Energy Department as it showered billions in taxpayer-backed stimulus money on alternative e …"

"… d $2.4 million in federal funds for legal fees related to the $535 million Energy Department loan guarantee to Solyndra, a solar company whose financial meltdown has p …"

"… ests to be interviewed. Representatives for Spinner, his wife, and for the Energy Department all told iWatch News and ABC News that Spinner and his wife took elab …"

"… irm’s work with companies that had applied for loans. Damien LaVera, an Energy Department spokesman, described Spinner as someone who had “no role” in evaluatin …"

Solyndra excutives stonewall Congress

By Matthew Mosk

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

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 "Office of Management and Budget":

"… ergy Department's loan program, and Jeffrey Zients, deputy director of the Office of Management and Budget, as to why the initial loan was approved, and why the Solyndra deal was re …"

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 "Office of Management and Budget":

"… ergy Department's loan program, and Jeffrey Zients, deputy director of the Office of Management and Budget, as to why the initial loan was approved, and why the Solyndra deal was re …"

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 "Office of Management and Budget":

"… y the House Energy and Commerce Committee now show. Budget analysts at the Office of Management and Budget not only saw financial risks in increasing the federal investment in Solyn …"

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 "iWatch News":

"… any $535 million in loan guarantees, according to emails first obtained by iWatch News and ABC News. The loans were ultimately made anyway. Ronnie Greene is inte …"

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