Posted on 09/23/2011 8:39:22 PM PDT by Libloather
Now, Democrats Want Solyndra Backers to Testify
By MATTHEW L. WALD
September 23, 2011, 1:46 pm
**SNIP**
Now the Democrats are asking for testimony from two private equity firms: Argonaut, which represents the interests of George Kaiser, a billionaire oilman who was a fund-raising bundler for the Obama presidential campaign, and Madrone, which invests money for the Walton family, heirs to the Wal-Mart fortune and prominent Republican donors.
Those two firms, as investors in Solyndra, stepped forward in February with others to provide additional money to the company after the Energy Department loans. Under that deal, they get priority in repayment in the event that Solyndra is liquidated. The Energy Department acquiesced to that, but even some Democrats have expressed doubts about whether that was a good idea.
The Republicans have not said publicly how they will respond to the Democrats request for testimony from Argonaut or Madrone, but they have asked for copies of communications between the investment firms and the government.
(Excerpt) Read more at green.blogs.nytimes.com ...
Seems like those who pleaded the fifth saved themselves from a walk in the park!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.