Solar-panel maker Solyndra LLC defeated a proposed government takeover bid, but the attempt underscored the depth of concerns in recent weeks at the Justice Department about the roles played by the bankrupt company's top financial officer and its board of directors.
Customer contracts figure prominently in the FBI's criminal investigation of solar panel maker Solyndra LLC, which went bankrupt despite receipt of more than a half-billion dollars in federal loans, according to testimony on Monday.
The chairman and CEO of a California solar energy company that sought bankruptcy protection after receiving a half-billion-dollar loan guarantee from the Obama administration has resigned.
