Politics

Out of context: Reply #16391

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    Solyndra Said to Have Violated Terms of Its U.S. Loan

    http://online.wsj.com/article/SB…

    Document: http://online.wsj.com/article/SB…

    Solyndra LLC had such steep financial problems in late 2010 that the company violated terms of its loan-guarantee agreement with the Department of Energy and technically defaulted on its $535 million loan, according to people familiar with the matter.

    The company was the first to receive a loan guarantee under a program begun by President George W. Bush and expanded as part of President Barack Obama's 2009 economic stimulus package. Republicans have accused the Obama administration of rushing the guarantee for political reasons, and emails have surfaced showing administration officials ignored warning signs about the company's health.

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    • In other words you're a joke.TheBlueOne
    • a stupid partisan joke who has no interest in solving problems, just decorating the place with your bullshitTheBlueOne
    • no, the joke is on YOUUUU!
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    • obama has no ties tho that guy only tot eh company and what it proposed it would do wit the loan.74LEO
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