Skip to content
TRENDING:
Donald Trump
Advertisement
Author profile

Jim McElhatton

jmcelhatton@washingtontimes.com

Jim McElhatton no longer works for The Washington Times.

Articles by Jim McElhatton

Solyndra won’t talk about its contracts

Officials at failed solar-panel maker Solyndra LLC refused to discuss the company's contracts at a private meeting last month with a bankruptcy analyst for the Justice Department, fueling the push to have a trustee take over the failed company during its bankruptcy, records show.

October 16, 2011

Energy Secretary Chu to be questioned in Solyndra collapse

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.

October 14, 2011
Donahoe

Postal Service to continue post-anthrax safeguards

Despite being mired in the worst financial crisis in its history, the U.S. Postal Service has no plans to cut back on any of the bioterrorism preparedness measures that began in the wake of anthrax attacks through the U.S. mail system 10 years ago this month.

October 9, 2011

House committee to expand probe of Solyndra

Citing concerns that President Obama's "closest confidants" monitored now bankrupt solar panel maker Solyndra LLC, leaders of a House committee said Wednesday they were expanding their investigation into the failed company's more than half-billion dollar federal loan package.

October 5, 2011

Feds guarantee $1 billion in new solar loans

Days before the expiration of its loan program, the Department of Energy, under fire for backing more than a half-billion dollars in loans to now-bankrupt solar panel maker Solyndra LLC, announced Wednesday more than $1 billion in new loan guarantees for other solar projects in Nevada and Arizona.

September 28, 2011

Solyndra hired Rice consulting firm

Fast running out of money just two years after winning a half-billion dollars in federal loan guarantees, solar panel maker Solyndra LLC this spring looked overseas to India in hopes of finding new business to turn the company around.

September 26, 2011

California Democratic Party among Solyndra’s creditors

Out of the hundreds of out-of-work employees, vendors, investors and other creditors in the bankruptcy of government-backed solar-panel maker Solyndra LLC, one name stands out: the California Democratic Party.

September 25, 2011
A worker leaves with a moving box Wednesday at Solyndra in Fremont, Calif. The solar-panel manufacturer, which received a $535 million loan from the U.S. government, has announced layoffs of 1,100 workers and plans to file for bankruptcy. A weak economy and strong overseas competition have proved insurmountable. (Associated Press)

Bankruptcy scenario played out before Solyndra collapse

Before solar-panel maker Solyndra LLC went bankrupt, the U.S. Department of Energy — which had signed off on more than a half-billion dollars in loans — approved paying up to $1.1 million for an investment bank's advice on restructuring Solyndra "both in and out of bankruptcy," records show.

September 22, 2011
Rep. Fred Upton, Michigan Republican and chairman of the Energy and Commerce Committee. (Associated Press)

Lawyers netted millions in solar loan deal

In the fallout of the collapse of solar-panel maker Solyndra LLC — a company awarded more than a half-billion dollars in federal loans before it went bankrupt late last month — members of Congress are demanding to know how all that money was spent.

September 21, 2011
A worker leaves with a moving box Wednesday at Solyndra in Fremont, Calif. The solar-panel manufacturer, which received a $535 million loan from the U.S. government, has announced layoffs of 1,100 workers and plans to file for bankruptcy. A weak economy and strong overseas competition have proved insurmountable. (Associated Press)

Solyndra executives now planning to invoke the 5th

Executives at bankrupt Solyndra, which collapsed last month after receiving more than a half-billion dollars in federal loans, plan to refuse to testify in a congressional hearing Friday now that the FBI is investigating the company.

September 20, 2011
An FBI agent carries out evidence from Solyndra headquarters in Fremont, Calif., on Sept. 8 in a probe of its collapse after receiving $535 million in federal loans. (Associated Press)

FBI-targeted solar company Solyndra to put shine on law firm’s wallet

U.S. taxpayers risk losing more than a half-billion dollars from the collapse of solar-panel maker Solyndra Inc., but former Massachusetts Gov. William F. Weld and his associates stand to earn a windfall in fees representing the bankrupt company in coming months.

September 19, 2011
Postmaster General Patrick Donahoe (left) appears Sept. 6, 2011, on Capitol Hill before the Senate Homeland Security and Governmental Affairs Committee as the panel examines the economic troubles of the Postal Service, a self-funded federal agency in decline because of the Internet and advertising losses. (Associated Press)

Postal Service seeks drastic cuts

The cash-strapped U.S. Postal Service announced plans Thursday to target more than 250 mail-processing facilities for potential closure, including eight in Virginia and Maryland, while allowing itself more time to deliver first-class mail in an effort to save billions of dollars and return to profitability.

September 15, 2011
LENDER: Jonathan Silver, head of the Energy Department program that approved the $535 million deal for Solyndra in 2009, faced some of the toughest questioning Wednesday by a House investigations subcommittee. (T.J. Kirkpatrick/The Washington Times)

Administration grilled on Solyndra loan

Obama administration officials refused to say Wednesday whether anybody would be fired over the decision to award solar-panel manufacturer Solyndra LLC a half-billion dollars in loans before it went bankrupt and saw its headquarters raided by the FBI.

September 14, 2011

‘Little Madoff’ returned to Maryland after capture in Mexico

Two summers ago, Alma Preciado, once a rising figure in Maryland politics and a successful mortgage broker, was scheduled to be sentenced in Montgomery County after she pleaded guilty to theft in a loan deal that cost a retired couple $350,000.

September 8, 2011