"Republican lawmakers, escalating the political furor over the collapse of a solar equipment manufacturer that received a $528 million government loan, released excerpts from Obama administration e-mails on Wednesday suggesting that the White House pressed federal officials to wrap up their review of the loan quickly for political purposes."
"In the e-mails, officials at the Office of Management and Budget expressed frustration that they were being put under time pressure to sign off on the loan to the company, Solyndra, two years ago so that Vice President Joseph R. Biden Jr. could announce its approval at a groundbreaking for a factory. The White House wanted an announcement that would show progress on job creation.
The disclosure became a focus of a House Energy and Commerce subcommittee hearing on Wednesday about the loan to Solyndra, which has developed into a political headache for the Obama administration. The administration used the company as a prime example of stimulus bill dollars creating 'green jobs.' But Solyndra recently filed for bankruptcy protection and closed its factory, and its headquarters was raided by the Federal Bureau of Investigation, apparently in connection with the loan."
Matthew L. Wald and Charlie Savage report for the New York Times September 14, 2011.
SEE ALSO:
"Separating Issues from Myths in Obama's Solyndra Situation" (Dot Earth)
"Obama Green-Tech Program That Backed Solyndra Struggles To Create Jobs" (Washington Post)
"Blame It On Bush" (Atlanta Journal-Constitution)
"Don't Be Fooled By the Solyndra Bankruptcy Circus — Solar Is Booming" (Swampland/TIME)
"Officials Hope To Approve More Loan Guarantees" (CBS News)
"Republican Lawmakers Question Whether Loan Agreements Could Come Back To Haunt Taxpayers" (AP)
"Solyndra 'Scandal' Is Washington Business as Usual" (Ecocentric/TIME)
"Solyndra Loan: Now Treasury Dept. Is Launching Investigation" (The Blotter/ABC News)
"White House Defends Solyndra Loan at Hearing" (San Francisco Chronicle)
"W.H. Emails Reveal Media-Obsessed Solyndra" (Politico)
"Five Myths About the Solyndra Collapse" (Washington Post)
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