- Well, good: US House Probes Obama’s Connection to Failed Solar Company Solyndra’s Massive $535 Federal Loan
- Predictable: Obama touted Solyndra Solar to Declare Bankruptcy after getting $535 Million in Stimulus Funds
- Obama tours solar panel plant in CA to tout jobs, workers FORCED TO STAY HOME WITHOUT PAY!
Solyndra, the solar energy company that received $535 million dollars in stimulus plan loan guarantees, has filed for bankruptcy and is under investigation by the FBI. All the "feel-good" videos about all the "green jobs" success stories from President Obama's stimulus package could potentially become a liability for the White House.The YouTube caption:
More on Solyndra: FBI serves search warrants at SolyndraPosted on the White House blog 5/26/10, just six months before Solyndra almost went bankrupt and was bailed out by a White House campaign bundler. 16 months later the company finally collapsed.
FBI agents armed with search warrants descended on the Fremont offices of bankrupt solar startup Solyndra on Thursday, opening an investigation into a company whose receipt of a half-billion dollars in government loans had already drawn sharp congressional criticism.Video reports: San Francisco CBS Covers FBI Raid Of Obama Stimulus Firm Solyndra
The search was part of a joint operation by the FBI and the U.S. Department of Energy's inspector general, whose agents also participated in the raid. Solyndra built its second factory in Fremont using $528 million in Energy Department loans, and the company's sudden closure last week triggered charges that the Obama administration had not properly vetted the loans to the company.
Representatives of both the Energy Department and the FBI refused to describe the focus of their joint investigation. But speculation immediately turned to the loans.
FBI Raid Obama Funded (Taxpayers Money) Solyndra Headquarters
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