A congressional panel investigating the bankrupt solar company Solyndra LLC wants a law firm that advised the government on the company's failed half-billion-dollar federal loan deal to turn over billing and other records.
If there is one fact that government witnesses testifying before Congress on the failed half-billion-dollar loans to bankrupt Solyndra LLC have made clear, it is that they have not passed the bar exam.
Gambling is a risky proposition - but not when playing with loaded dice. That's what Solyndra's private investors were handed when the Energy Department guaranteed they'd have first dibs on compensation if the firm went belly up. This unfairly shifted the peril of investing in an uneconomical solar-panel scheme onto the backs of taxpayers. We're the ones stuck with the $535 million bill.
The top Republican and Democratic members of a House subcommittee investigating the collapse of bankrupt solar panel maker Solyndra LLC after it received more than a half billion dollars in federal loans agreed Friday to seek the testimony of Department of Energy Secretary Steven Chu.