Saturday, September 17, 2011

W.H. Warned Solyndra Bad For Reelection

White House budget analysts warned in January that a controversial decision to restructure a $535 million government loan to a struggling solar power company "could easily be portrayed as bad judgment or worse," just-released emails now show. The latest emails are part of an emerging portrait of the troubled government loan -- a half-billion-dollar federal investment that went from being touted as a model of President Obama's "green jobs" initiative to being criticized by Republicans as an ill-advised boondoggle.

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