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Solyndra Loans

The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support. Jonathan Silver, a venture capitalist who had also worked for the Clinton administration, was leaving because the loan program has allocated Read more about Solyndra Loans[…]

Misuse Of Federal Loans

“It’s really sad to everybody who worked here,” Miller said on Thursday. “We believed in the technology.” Mohammad Walahi, 41, worked for Solyndra for five years before showing up a week ago only to be told by a colleague that the company was going bankrupt. He blamed management, saying they had made bad decisions. “See Read more about Misuse Of Federal Loans[…]

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