Department of Energy in Solyndra Lockdown

Daily Caller - The Department of Energy is refusing to allow congressional investigators to interview the author of a legal memo justifying the restructuring of the controversial Solyndra loan. On Oct. 18, the DOE informed the House Energy and Commerce Committee, which is leading the investigation into the Solyndra scandal, that it would not allow the committee to perform transcribed interviews of DOE officials, including Susan Richardson, chief counsel of the DOE Loan Programs Office. Richardson authored the memo justifying the decision to restructure the $535 million DOE loan to solar company Solyndra, ensuring that private investors would be paid back before taxpayers in the event of bankruptcy. Solyndra declared bankruptcy on Aug. 31, and it has been in the crosshairs of congressional Republicans ever since. GOP lawmakers say that despite serious warning signs, the loan was fast-tracked by the Obama administration in an effort to tout the president’s green energy initiative. Read full story here: News New Mexico
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