Solyndra execs will decline to testify at hearing

From Reuters - Sept 20 - 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. 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. Read more
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2 comments:

Anonymous said...

Because Obama will only serve one term, the results of the investigation will be buried on the back page of lame-stream media outlets. He will be implicated as the mastermind of the fraudulent loan guarantees. It's interesting how the contracts were designed to leave the taxpayers holding the bag in the event of a bankruptcy. Someone must have, "...snuck something in...", again. Obviously, someone suspected the company might fail.

Anonymous said...

Another failed government funded operation? No! Tell me it isn't so! Hello.....

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