Wednesday, September 14, 2011

Solyndra: Blame It On Bush, Say Obama Officials

After spending months touting the Obama administration's decision to loan $535 million to the California solar energy upstart Solyndra, top officials took a new tack Wednesday while testifying before Congress about the company's abrupt shut-down and bankruptcy: the loan, they said, was actually the Bush administration's idea. The Energy Department's top lending officer told Congress that the Solyndra loan application was not only filed during President Bush's term, but it surged towards completion before Obama took office in January 2009.

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Source: http://feeds.abcnews.com/click.phdo?i=fb77656286c7937ed0c1359fdc2de2c2

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