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| Joe Biden |
Newsmax -In 2009 White House officials pressured the Office of Management and Budget to make quick approval of a $535 million loan guarantee for solar panel maker Solyndra, according to e-mails obtained by The Washington Post. The reason for the rush was to allow Vice President Joe Biden to announce the loan at an opening ceremony for the company’s factory in September 2009.
The loan had been approved by the Energy Department, but needed final clearance from the OMB. Solyndra was a vital piece of President Barack Obama’s effort to promote clean energy sources. The company collapsed two weeks ago, meaning taxpayers will foot the bill for the loan. Read full story here: News New Mexico
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