Sunday, October 9, 2011

Emails raise fresh questions on Obama energy loan

www.reuters.com
Emails raise fresh questions on Obama energy loan
WASHINGTON | Sat Oct 8, 2011 2:36am EDT

WASHINGTON (Reuters) - An Obama administration appointee at the Energy Department pressed White House analysts to sign off on a $535 million loan to Solyndra even though his wife worked for the failed solar panel maker's law firm, according to internal emails made public on Friday.
The revelation adds new drama to a political battle over the administration's backing for Solyndra, which has filed for bankruptcy and has been raided by the FBI. The newly disclosed emails reveal "a disturbingly close relationship" between the White House, campaign donors and wealthy investors relating to Solyndra, a senior congressional Republican said.
Later on in the article
The White House, which has aggressively defended decisions made on the loan guarantee, turned over the emails on Friday to the House of Representatives Energy and Commerce Committee, which has been probing the loan for the past eight months.
"The paper trail released by the White House portrays a disturbingly close relationship between President Obama's West Wing inner circle, campaign donors, and wealthy investors that spawned the Solyndra mess," Representatives Fred Upton, the panel's chairman, and Cliff Stearns, the head of the investigation, said in a statement.
The emails show Spinner discussed the pending final decision often with Solyndra officials, Energy Department colleagues, and the White House budget office, the New York Times said.
Later on in the article
 "Ultimately, DOE's determination that the restructuring was legal was made by career lawyers in the loan program based on a careful analysis of the statute," an Energy Department spokesman said.
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even though they could find no legal wrong doing this is a great example of how this get so messed up

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