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  • SOLARGATE: FBI Is Investigating Solyndra For Fraud

    09/29/2011 2:19:56 PM PDT · by sunmars · 38 replies
    Bloomberg reports that the FBI is investigating Solyndra for accounting fraud, according to a source close to the solar panel company. The report confirms assumptions that the Department of Justice has been looking into whether Solyndra misrepresented the company's financial situation in order to obtain — and then refinance — a $534 million loan from the federal government. We've previously written that Solyndra executives assured the administration that the company's future was bright, even as the company's internal audits showed its finances deteriorating. The company declared bankruptcy earlier this month, prompting the FBI probe, as well as two Congressional investigations.
  • ABC News: White House Reacts to Woodward Book

    09/22/2010 6:26:36 AM PDT · by Oldeconomybuyer · 49 replies · 1+ views
    ABC News ^ | September 22, 2010 | Jake Tapper
    A senior administration official who read the book says "the President comes across in the review and throughout the decision-making process as a Commander in Chief who is analytical, strategic, and decisive, with a broad view of history, national security, and his role." The official says of the descriptions of the infighting in the book that "the debates in the book are well known because the policy review process was covered so exhaustively." White House officials are still matching New York Times excerpts with anecdotes in the book but one says not all the quoting is fair, especially Vice President...