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

To: Wayners who wrote (370)	2/10/2012 8:31:35 PM
From: Hope Praytochange	1 Recommendation Read Replies (1) \| Respond to of 1400

Report: Non-Solyndra energy loans could cost $3B Photo: AP Photo by AP More Photos (1 of 1) February 10, 2012 — WASHINGTON (AP) — The government could lose nearly $3 billion on Energy Department loans for green energy programs — far less than the $10 billion Congress set aside for the high-risk program, according to an independent review. The White House ordered the review after criticism of a $528 million loan to Solyndra Inc., a California solar company that went bankrupt. The review, led by former Treasury Department official Herb Allison, looked at 30 loans or loan guarantees totaling $23.8 billion that were offered to green energy companies and auto makers such as Ford and Nissan.