Solyndra Blowing up. Rats scurry for cover

[HonestChieffan]

Obama's buds gonna take the fifth....Duck and cover, say nuthin, Chicago style.

http://af.reuters.com/article/commoditiesNews/idAFS1E78J1KE20110920

Sept 20 (Reuters) — Solyndra LLC’s chief executive and chief financial officer will invoke their Fifth Amendment rights and decline to answer any questions put to them at a Congressional hearing on Friday, according to letters from their attorneys obtained by Reuters.

In the letters sent to the House Energy and Commerce Committee’s Subcommittee on Oversight and Investigations, attorneys for Solyndra CEO Brian Harrison and CFO W. G. Stover said they advised their clients not to provide testimony during the hearings.

The bankrupt company’s $535 million federal loan guarantee is being investigated by the House Energy and Commerce Committee.

Harrison is represented by Orrick, Herrington & Sutcliffe and Stover is represented by Keker & Van Nest.

Solyndra’s offices were raided by the FBI two days after the company filed for bankruptcy, although the FBI did not say what prompted the raid.

And.......the focus broadens to include Obama and his insider buds. Get rid of the tapes and erase those hard drives.....

http://thehill.com/blogs/blog-briefing-room/news/182553-issa-to-investigate-government-loan-programs

(The Hill) — Rep. Darrell Issa (R-Calif.) said Tuesday that his committee plans to investigate government loan programs to private corporations in light of allegations of improper dealings between the White House and failed energy company Solyndra and wireless startup LightSquared.

“I want to see when the president and his cronies are picking winners and losers. . . it wasn’t because there were large contributions given to them,” the chairman of the Oversight and Government Reform Committee said Tuesday morning on CSPAN.

Issa said the committee was looking at whether it was improper for members of Congress or White House staff to select companies eligible for subsidized government loans when those companies could give campaign donations. Loan programs have been a popular tool to provide funding for popular industries — like tech, green energy, and American auto companies – at more favorable terms than could be secured privately.

The Obama administration has been defending itself against criticism by Republicans that it exerted improper influence to the aid of both companies.

[HonestChieffan]

Kaiser has to be the conduit to Obama....


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A key unanswered question in the Solyndra loan investigation concerns the role George Kaiser, the Oklahoma billionaire and major Obama fundraiser whose Family Foundation owned a large stake in the failed solar-panel company. Kaiser made multiple visits to the White House in the week before the Department of Energy approved a $535 million guaranteed loan to Solyndra on March 20, 2009, and helped arrange 16 separate meetings between top White House officials and Solyndra executives around that time. Yet Kaiser maintains that he “did not participate in any discussions with the U.S. government regarding the loan.”

But as the following video clip reveals, when it comes to steering government funds his way, Kaiser knew exactly what he was doing. Indeed, here he is July 2009 openly boasting about his ability to get his hands on stimulus funding. “There’s never been more money shoved out of the government’s door in world history, and probably never will be again, than in the last few months and in the next 18 months,” he says. “And our selfish parochial goal is to get as much as it for Tulsa and Oklahoma as we possibly can.”

Kaiser cites his “multiple trips to Washington” and his ability to secure meetings with “all the key players in the West Wing of the White House.” He also touts his “almost unique advantage,” through his foundation, of being able to match public dollars with private funding.


http://www.nationalreview.com/corner/277793/obama-fundraiser-boasts-cashing-stimulus-package-andrew-stiles#

[Calcountry]

What is a bundler?

[2bikemike]

What is a bundler?

Do you know what a Fluffer is in the porn industry?

Well a bundler is like that except instead of raising wood he raises cash.

[Calcountry]

Do you know what a Fluffer is in the porn industry?

Well a bundler is like that except instead of raising wood he raises cash.LMAO

[banyon]

So,they are on par with the Mafia and Enron. Sounds like some great guys.

Hopefully DOJ (under this administration or the next one) will break it off in their a**.

[KILLER_CLOWN]

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