Hearing, Concern DOE Violated Law in Restructuring Solyndra Loan

House Energy & Commerce. ^ | Thursday, October 13, 2011 | HE&C Staff

[Rabin]

WASHINGTON, DC – The Subcommittee on Oversight and Investigations will hold a hearing on “Continuing Developments Regarding the Solyndra Loan Guarantee” this Friday, October 14, 2011, at 9:30 a.m. in room 2123 of the Rayburn House Office Building. The committee recently learned that the Treasury Department was concerned that the Department of Energy’s restructuring of the Solyndra Loan in early 2011 was in violation of the law… Last Friday, committee leaders sent a letter to the Treasury Department seeking information and documents about the agency's involvement with the loan and its concerns…Friday as we’ll hear Treasury officials elaborate on their concern that DOE violated the law in restructuring the Solyndra loan.

“The documents that the White House dumped last Friday reveal a disturbing prevalence of wealthy donors and bundlers littered throughout the loan guarantee process, with direct access to the President's West Wing inner circle

[Rabin]

Anchient sayings of Noneknow Hu: One, who screw up in all directions, may be challenged from all side.

r.

[USNBandit]

Ah, it's a profit deal.....

[truthkeeper]

One, who screw up in all directions, may be challenged from all side.

I really dig those ancient Chinese sayings, especially when they come true. :-)