To: MJ who wrote (113689 ) 9/23/2011 3:53:29 PM From: joseffy 3 Recommendations Read Replies (1) | Respond to of 224737 First Rahm, now Axelrod denies any knowledge of Solyndra ......................................................................................................................wlsam.com 9/22/11 CHICAGO (WLS) - Another top aide to President Obama is in Chicago talking about the bankruptcy of the solar power company Solyndra that got a big federal loan guarantee. David Axelrod – Obama’s former senior adviser at the White House who is now back in Chicago running the president’s re-election campaign – is no joining former Chief of Staff Rahm Emanuel in denying any knowledge of the Solyndra deal. “I don’t know anybody associated with Solyndra and I know nothing about the project,” Axelrod said. (HEAR AXELROD'S RESPONSE HERE ) "How seriously has it hurt the president," Cameron asked. “Now look, we have seeded clean energy technology projects all over this country. Many of them are very promising. Many of them are already showing success. And the fact is, when you invest in a large number of projects, some of them are not going to perform as they should. This was one of those cases,” Axelrod said. But Republicans say it wasn’t necessary to put taxpayers on the hook for a half-billion dollar loan guarantee to meet that goal. Last week Mayor Rahm Emanuel denied any knowledge of a developing scandal in Washington that dates back to his days as President Barack Obama’s chief of staff. Emanuel was the chief of staff during the Obama administrations's green energy initiative when the loan was rushed through. During a Chinatown news conference Friday, in which he was discussing his new wellness program, WLS Radio asked the mayor about his involvement with the Solyndra deal. LISTEN: Hear Rahm's Response To Bill Cameron's Question - Click Here “Bill, ya know, I’m focusing on a major announcement today for the city of Chicago,” Emanuel tells Bill Cameron, “I don’t actually remember that or know about it. So, what I’m dealing is with what I’m dealing with here today.” When the Mayor was asked if he thought there was a due diligence on the deal, he responded by saying, “I’m talking about healthcare today.” Internal emails uncovered by investigators for the House Energy and Commerce Committee show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved. "This deal is NOT ready for prime time," one White House budget analyst wrote in a March 10, 2009 email, nine days before the administration formally announced the loan. "If you guys think this is a bad idea, I need to unwind the W[est] W[ing] QUICKLY," wrote Ronald A. Klain, who was chief of staff to Vice President Joe Biden, in another email sent March 7, 2009. The "West Wing" is the portion of the White House complex that holds the offices of the president and his top staffers. Emanuel began his duties as White House chief of staff on January 20, 2009 and resigned on October 1, 2010 in order to pursue a bid to succeed Richard M. Daley as mayor of Chicago. Leading GOP figures believe there was a gross negligence on the deal. The Republican-led House has been investigating the Obama administration's green energy loan program for months. That probe took on new urgency two weeks ago, when Solyndra abruptly shut its doors and laid off 1,100 employees. Last week, the FBI raided the factory as part of a joint investigation with the Energy Department's inspector general.