Solyndra got federal loan despite numerous red flags, report says

Aug 2, 2012 | Posted by: roboblogger | Full story: NOLA.com

Republicans investigating the government's investment in a bankrupt solar panel manufacturer have concluded that the Obama administration ignored numerous red flags about the company's financial viability, leaving taxpayers on the hook for more than $500 million.

Comments
1 - 17 of 17 Comments Last updated Aug 4, 2012

Since: Feb 07

Location hidden

#1 Aug 2, 2012
Who should be returning the money to the treasury?

Since: Mar 09

The Left Coast

#2 Aug 2, 2012
RayOne wrote:
Who should be returning the money to the treasury?
Obama?
goose

Chicago, IL

#3 Aug 2, 2012
Quiet on this front isn't it.
Had this been a big oil Republican "loan", heads would role.
Fact is it is a political payback to the Democrats.
June 63th 2029

Fishers, IN

#4 Aug 2, 2012
RayOne wrote:
Who should be returning the money to the treasury?
go rent Nation Treasury 1,2 waiting for the triologee;-000
June 63th 2029

Fishers, IN

#5 Aug 2, 2012
RustyS wrote:
<quoted text>
Obama?
whitch Obama?! Barry, John, Bob, Carey, or Rust!!;-000
June 63th 2029

Fishers, IN

#6 Aug 2, 2012
goose wrote:
Quiet on this front isn't it.
Had this been a big oil Republican "loan", heads would role.
Fact is it is a political payback to the Democrats.
CO2incentive!! not euraro, CO!!
Osama Obama

Newburg, PA

#7 Aug 2, 2012
Not only should all of the Solyndra and other B/S green energy money be paid back to tax payers but all of the money GSA has stolen.

“i hope we can change this!”

Since: Aug 08

usa

#8 Aug 2, 2012
RayOne wrote:
Who should be returning the money to the treasury?
lawrence wolf

“i hope we can change this!”

Since: Aug 08

usa

#9 Aug 2, 2012
June 63th 2029 wrote:
<quoted text>
CO2incentive!! not euraro, CO!!
ya just can't stop being an idiot...can ya :-00000

at least you're good at it!
lolol

Albuquerque, NM

#10 Aug 2, 2012
bigger question, how much of the 500million freebie found its way back to the dnc and bamsters accounts ? dats the chicago way.
June 63th 2029

Fishers, IN

#11 Aug 2, 2012
carey529 wrote:
<quoted text>
ya just can't stop being an idiot...can ya :-00000
at least you're good at it!
;) thx C! hey, what is GOPickle ViKing for Bittch Romney;-000
Robert

Hollywood, FL

#12 Aug 2, 2012
"and when I'm President, I will go line by line to make sure that we are not spending money unwisely"

"And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot.But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans."

"Here at this site, Solyndra expects to make enough solar panels each year to generate 500 megawatts of electricity. And over the lifetime of this expanded facility, that could be like replacing as many as eight coal-fired power plants."

Since: Nov 08

Location hidden

#13 Aug 3, 2012
Obama is the crookedest President in history.
Is anyone really surprised?
Did this catch anyone off-guard?
Not really.

Since: Feb 07

Location hidden

#15 Aug 3, 2012
Give the money back, Avoid jail time.

Since: Feb 07

Location hidden

#16 Aug 3, 2012
You will be provided with a defense attorney.
xnutmegger

Phoenix, AZ

#17 Aug 3, 2012
Viva Obama Cronyism.

Since: Nov 08

Location hidden

#18 Aug 4, 2012
I want Obama to go to jail for this. Anyone else?

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