RNC Chairman Reince Priebus seeks to make the bankruptcy and investigation of solar energy firm Solyndra into a liability for President Obama. ‘Solyndra is now the prime example of stimulus failure,’ Priebus siad in a statement. The firm was given $500 million in loan guarantees from the Department of Energy and touted by the president as a provider of green jobs. Two weeks ago, however, the company announced its bankruptcy and laid of 1,100 workers. In the aftermath, the FBI executed a search warrant as part of an investigation into whether the firm misled the federal government while securing its loans.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=147456