Solyndra's: "Bank of Washington"

Chris Gronet (left) with "Bank of Washington" Obama

Daily Caller - Solyndra’s CEO labeled President Barack Obama’s administration “The Bank of Washington.” Chris Gronet offered the description in an internal email one year before the company collapsed in 2010, costing taxpayers roughly $500 million. The email was obtained and published by the Republican National Committee. “The Bank of Washington continues to help us!” he wrote in the October 2009 e-mail, which sketched plans for Solyndra to exploit several additional federal programs and tax-incentives. “Some names fit,” said Darrell Issa, the GOP chairman of the House Oversight Committee. “Using the name of ‘Bank of Washington’ has a legitimacy that I think will transcend this election,” he said in a Thursday press conference called to highlight the Solyndra email. Read full story and see copy of the email here: News New Mexico

Solyndra's: "Bank of Washington"