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 "Tesla Motors":

"… form factories to build fuel-efficient vehicles, and cutting-edge upstarts Tesla Motors and Fisker Automotive develop electric cars and plug-in hybrids. A smaller …"

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 "House Energy and Commerce Committee":

"… make Solyndra a stimulus success story at any cost,” the Republican-led House Energy and Commerce Committee concluded in a report released Thursday.Solyndra failed last year. The com …"

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 "Office of Management and Budget":

"… ace of criticism from officials within several wings of government — the Office of Management and Budget, the U.S. Treasury and DOE. “This deal is NOT ready for prime time,” o …"

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 "New York":

"… ue operating the 20-megawatt flywheel energy storage plant in Stephentown, New York, a project the department said would “ensure the reliable delivery …"

"… Other energy companies struggled in the storm.Among them: SpectraWatt, a New York state manufacturer of silicon solar cells. In 2009, SpectraWatt secured a …"

Obama’s ‘smidgen’ of truth on energy efficiency

By FactCheck.Org

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

Excerpts from this story referencing "New York":

"… dgen of truth to the president’s criticism.The president was speaking in New York at a March 1 fundraising event when he brought up his energy policies — …"

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 "Herbert Allison":

"… ght function, DOE should create a new Risk Management department,” wrote Herbert Allison, the independent consultant.That conclusion is among the core recommendati …"

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 "manufacturing":

"… he decision to dedicate more than half a billion dollars to the California manufacturing firm was a calculated risk, and a necessary part of building a robust new …"

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 "Federal Financing Bank":

"… bankrolled it with the low interest half billion dollar loan issued by the Federal Financing Bank. At the meeting, Mitchell wrote, DOE made clear that while it “should b …"

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 "auditor":

"… nings from government staffers, outside analysts and even Solyndra’s own auditor that it was, at best, a risky bet. Earlier this year, with Solyndra swimm …"

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

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

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 "House Energy and Commerce Committee":

"… Inspectors General at the Treasury and Energy Departments, along with the House Energy and Commerce Committee. As the White House pushed for the audit, Republican members of the House …"

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 "Fisker Automotive":

"… American made. …"

"… iWatch News, and a Friday report on ABC News' "Good Morning America" about Fisker Automotive, the recipient of a "green energy" loan in 2010. The reports quoted auto i …"

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 "CEO":

"… the loan. The head of the Energy Department's loan program and Solyndra's CEO have both resigned in recent weeks. Some Energy and Commerce Committee me …"

"… d the loan refinancing and had predicted Solyndra would succeed. Solyndra CEO Brian Harrison also resigned last week. In papers filed with a bankruptcy …"

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 "Inspector General":

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

"… ents visited Harrison's home on the same day the FBI and Energy Department Inspector General seized boxes of records from the company's headquarters."Yeah, they did go …"

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

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.

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

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 "George Kaiser":

"… hailing it as a leader in this emerging field. Solyndra's prime investor, George Kaiser, bundled donations for Obama in 2008.In August, though, Solyndra abruptly …"

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 "green energy loan program":

"… As House Republicans step up their probe of the Obama administration’s green energy loan program in the wake of Solyndra’s bankruptcy, a key focus – and open question …"

Solyndra excutives stonewall Congress

By Matthew Mosk

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

Excerpts from this story referencing "House Energy and Commerce Committee":

"… t declared bankruptcy. Friday's hearing was the second in two weeks by the House Energy and Commerce Committee's investigative subcommittee, intending to unwind the deal and understand …"

"… etter position to succeed and repay the loan," he said. On Wednesday, the House Energy and Commerce Committee escalated its inquiry into the deal by seeking information from Solyndra's …"

"… py of a Sept. 10, 2011 email from an attorney for Solyndra to staff of the House Energy and Commerce Committee stating that the company's CEO "will appear voluntarily and answer the Com …"

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 "House Energy and Commerce Committee":

"… as declared bankruptcy, and has been raided by the FBI.The promises to the House Energy and Commerce Committee's investigative subcommittee arrived this summer, after the subcommittee's …"

"… py of a Sept. 10, 2011 email from an attorney for Solyndra to staff of the House Energy and Commerce Committee stating that the company's CEO "will appear voluntarily and answer the Com …"

"… h.'Who Exactly Are Solyndra's Executives Trying to Protect?'Members of the House Energy and Commerce Committee expressed outrage that the executives -- after promising to freely answer …"

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 "head":

"… use investigative subcommittee last week. Members grilled Jonathan Silver, head of the Energy Department's loan program, and Jeffrey Zients, deputy direct …"

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 "House Energy and Commerce Committee":

"… was the source of intense debate and disagreement, emails released by the House Energy and Commerce Committee now show. Budget analysts at the Office of Management and Budget not only …"

Center's Ronnie Greene Discusses Solyndra with CNN

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

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