Solyndra and LightSquared Emails Emit Odor

The Hill - House Republicans say they have emails showing the White House pressuring Department of Energy bureaucrats to expedite the loan approvals, although the White House has argued that nothing improper occurred. Republicans have also charged that the White House pressured an Air Force general to revise testimony before a closed congressional hearing to aid LightSquared, a wireless start-up company. Emails between the company and the White House make mention of the fact that the company's CEO would be attending Democratic fundraisers in Washington, and administration officials met with executives from the company on the same day that CEO Sanjiv Ahuja wrote a $30,400 check to the Democratic National Committee.

The company is facing a tough regulatory road after initial tests showed LightSquared's technology had been found to interfere with military and aviation GPS. But both the company and White House have denied any influence-peddling. Although Issa did not specifically accuse the White House of wrongdoing, he suggested that government loan programs tempted corruption.  "This is another reason that crony capitalism … is dangerous, because they're going to pick winners that they ideologically, or in some cases because they support their candidacy, want to see win," Issa said. Read full story here: News New Mexico

Solyndra and LightSquared Emails Emit Odor