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Politics : The Solyndra Scandal -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (161)	10/13/2011 1:02:08 AM
From: joseffy	3 Recommendations Read Replies (1) \| Respond to of 1400

The Administration’s Expanding Scandals ...................................................................................................................................... Peter Wehner 10.05.2011 commentarymagazine.com When a presidency is experiencing a political collapse, as is happening now, the last thing it needs is to face serious legal and ethical problems. But that is precisely where the Obama administration finds itself with both the Solyndra story and the so-called Fast and Furious program. It’s clear that at a minimum, the Obama administration has given a misleading account of both matters. When these stories finally unfold, two cabinet secretaries (Chu and Holder) may be forced to resign. Attorney General Holder, in fact, may have provided misleading statements to Congress about his knowledge of Fast and Furious. (The operation allowed firearms to be illegally purchased with the goal of tracking them to Mexican drug cartels, but the effort went out of control after agents lost track of many of the weapons, resulting in the deaths of scores of Mexicans as well as an American border patrol agent.) Right now, there’s no evidence the president was briefed on Operation Fast and Furious. But Obama’s direct involvement on behalf of Solyndra, in which the solar start-up company with political connections to the president received more than a half-a-billion dollars from the federal government before going bankrupt, is quite problematic. . . . Obama hasn’t hit bottom yet.

To: Wayners who wrote (161)	10/13/2011 6:55:20 PM
From: chartseer	2 Recommendations Read Replies (2) \| Respond to of 1400

How many members are there in the auto workers union? Shouldn't each one be driving a Volt?

To: Wayners who wrote (161)	10/20/2011 5:27:09 PM
From: joseffy	1 Recommendation Read Replies (1) \| Respond to of 1400

Solyndra to auction office equipment, spare parts ..................................................................................................................... October 19, 2011 BusinessWeek businessweek.com SAN DIEGO Taxpayers will have a chance next month to recoup their losses on the federal government's $528 million loan guarantee to Solyndra Inc. when it auctions its office equipment, computers and more than seven megawatts of finished solar panels. At least, you may get a deal on a laptop or a high-end desk chair. Solyndra, which made solar panels, is selling the equipment Nov. 2 and Nov. 3 online and at its looming headquarters along Interstate 880 in Fremont, Calif., as part of its bankruptcy proceedings. The sale will not include the factory or the production machinery inside, which Solyndra will auction separately as a "turnkey" operation. Solyndra laid off more than 1,000 workers when it filed for bankruptcy court protection Sept. 6. The company received the $528 million loan guarantee as part of a federal program intended to encourage green energy production and job creation. The auction will be conducted by Heritage Global Partners, which is based in San Diego and specializes in hawking the leftover pieces of bankrupt firms. The auction will include equipment not necessary for Solyndra's manufacturing process, including millions of dollars' worth of spare parts, Heritage said. The seven megawatts of panels could provide enough electricity for more than 1,000 homes. Members of the public can preview the items for sale from 8 a.m. to 5 p.m. Oct. 31 and Nov. 1. Further details on the auction and photos of much of the equipment for sale are at www.hgpauction.com.