Solyndra Loan Deal: Warnings About Legality Came From Within Obama Administration -- Washington Post
Energy Department officials were warned that their plan to help a failing solar company by restructuring its $535 million federal loan could violate the law and should be cleared with the Justice Department, according to newly obtained e-mails from within the Obama administration.
The e-mails show that Energy Department officials moved ahead anyway with a new deal that would repay company investors before taxpayers if the company defaulted. The e-mails, which were reviewed by The Washington Post, show for the first time concerns within the administration about the legality of the Energy Department’s extraordinary efforts to help Solyndra, the California solar company that went bankrupt Aug. 31.
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Update: SOLYNDRAGATE: Huge Email Dump Implicates Obama And Rahm In Bankruptcy Scandal -- Business Insider
My Comment: I am posting these "political scandal" stories because I know they can easily divert the attention of the U.S. government away from important foreign policy/defense issues/etc. to politics and scandal. And what is worse .... our enemies know this too.
What is my take .... on the surface this looks horrible for many in the White House from the President on down. Former Chief of Staff Rahm looks especially bad in this email dump.