1
2
Obama:
“
The True Engine Of Economic Growth Will Always Be Companies Like Solyndra
…”
(President Obama, Remarks By The President On The Economy,Fremont, California, 5/26/10)
Biden On Solyndra Loan Guarantee: This Is “Exactly What The Recovery Act Is All About.”
“‘This
announcement today is part of the unprecedented investment this Administration is making in renewableenergy and exactly what the Recovery Act is all a
bout,’
said Vice President Biden
.”
(Office of the Vice President, “
Vice
,9/4/09)
Last Week, The FBI Raided Solyndra Headquarters And The Homes Of Its Executives
Thursday September 8:
“The Federal Bureau Of Investigation Executed A Search Warrant At
Solyndra, Bureau Spokeswoman Julie
Sohn Said In An Interview.”
(Jim Snyder, “
FBI Raids Bankrupt Solyndra as
9/9/11)
“
CEO And Founder Of Politically Connected Company Questioned On Day Of Raid.”
(Ronnie Greene And Matthew
9/9/11)
Federal Agents Have Visited The Homes Of Three Current Or Former Solyndra Executives.
“Federal agents have
expanded their examination of the now-bankrupt California solar powercompany Solyndra, searching the homes of the company's chief executive, a founder, and a formerexecutive, examining computer files and documents, the Center for Public Integrity's
iWatchNews
and ABC News have learned.”
9/9/11)
The Agents Looked At The Executives’ Computer Files
. “Solyndra spokesman David Millerconfirmed agents visited Harrison’s home on Thursday, when the FBI and Energy
Department Inspector General arrived at the company's headquarters in Fremont, Calif., seizing boxes of records.
‘Yeah, they did go to his house and speak to him briefly,’ Miller said. ‘I don’t know what they may
have taken. I believe they took a look at h
is computer.’”
(Ronnie Greene And Matthew Mosk, “Solyndra InvestigationExpands With Raid Of Executives' Homes And Files,”
9/9/11)
The Raids Suggest The Justice Department Is Investigating Whether Solyndra Misled TheGovernment When Securing Its Loans.
“The raid and visits come amid increasing evidence the Justice
Department and Inspector General are exploring whether Solyndra mislead the government in securing its$535 million loan in 2009
–
and landing a vital refinancing of that loan earlier this year.”
(Ronnie Greene And Matthew
9/9/11)
And Signals
“The Escalation Of A Probe Into The Obama Administration’s Clean
- Energy
Program.”
“An FBI raid on Solyndra inc., a solar
-panel maker that failed after receiving a $535million loan guarantee from the U.S. energy department, may signal the escalation of a probe into the
Obama administration’s clean
-
energy program.”
(Jim Snyder, “
FBI Raids Bankrupt Solyndra as Lawmakers Question Panel
Maker’s Finances,”
9/9/11)
3
2009:
The Stimulus’ First Taxpayer
-
Backed “Green” Loan
Solyndra: “The Epitome” Of Our Green Tech Future
The Obama Administration, Including Obama Himself, Praised The Taxpayer Guaranteed Loan InSolyndra.
“A parade of Administration officials praised the investment, including President Obama, whosaid in a speech last year at the company's Fremont headquarters that ‘companies like Solyndra are leading
the way toward a brighter and more prosperous
future.’”
9/9/11)
Biden On Solyndra Loan Guarantee: This Is “Exactly What The Recovery Act Is All About.”
“‘This announcement today is part of the unprecedented investment this Administration is making inrenewable energy and exactly what the Recovery Act is all about,’
said Vice President Biden
.”
(Office of the Vice Presiden
“In 2009,
The Energy Department Put Solyndra's Application On A Fast-Track For Approval, And
Announced The Award With Great Fanfare.”
9/9/11)
“Energy Secretary Chu Flew Out For A Solyndra Factory Groundbreaking, And Vice President Biden’s Image Was Beamed To The Ceremony Through A Video Feed.”
(Carol D. Leoning, Joe Stephens, and
Alice Crites, “Obama’s Focus On Visiting Clean
-
,6/25/11)
"Solyndra Was The Epitome Of What The Government Envisioned To Be Our Green Tech Future...
Confidence Was So High That Solyndra Got A $535 Million Stimulus Program Loan To Build A NewFactory Along I-880 In Fremont."
Solyndra Was Supposed To Create 3,000 Construction Jobs And 1,000 Permanent Jobs Once TheFactory Opened.
“Solyndra estimates the new plant will initially create 3,000 construction jobs, and lead toas many as 1,000 jobs once the facility opens. Hundreds more will install Solyndra’s solar panels on rooftopsaround the country.”
(Office of the
Vice President, “Vice President Biden Announces Finalized $535 Million Loan Guarantee for Solyndra,”
Biden: “It’s Important Because These Jobs Are Going To Be Permanent Jobs. These Are TheJobs Of The Future. These Are The Green Jobs, These Are The Jobs That Won’t Be Exported.”
,9/4/09)
Solyndra Was The First Company To Receive Taxpayer Backed Loans During The Obama Administration.
“Solyndra was the first compa
ny to get a taxpayer-backed loan in the early weeks of thenew Obama administration, but there are more than 40 other clean tech firms and projects the Energy
Department has since backed or agreed to back with more than $38 billion in taxpayer funds.”
(Carol Leonnig,
“After Solyndra Failure, Auditors Wonder What Other Bad Bets Obama Officials Mad
,9/1/11)
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The Solyndra File
Corruption At The Heart Of The Failed Obama Economic Strategy
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