FBI raids Solyndra this morning
At this moment, FBI agents are raiding the now-vacant Solyndra offices in Fremont, executing a Department of Energy and Office of Inspector General warrant in search of evidence about the plant's abrupt bankruptcy last week.
A beleaguered Solyndra spokesman took a wild guess at what the FBI might be looking for:
Solyndra spokesman Dave Miller said the search came as a surprise, but he emphasized the company is "fully cooperating" with federal officials. He said he did not know the purpose of the search, but he speculated it could have something to do with the $535 million in loan guarantees the Department of Energy awarded to Solyndra.
Ya think?
While the "Anybody seen $535 million around here?" quote in the headline is of course a joke, Business Insider adds some key context to the raid:
The Obama administration's relationship with the company has come under scrutiny since the bankruptcy was abruptly announced last week. The Daily Caller reported that between March 12, 2009, and April 14, 2011, "Solyndra officials and investors made no fewer than 20 trips to the West Wing."
Solargate?
Put in seedy politicians since the dhimocrats and Obumble were so in bed with this company. Hope and change, the Chicago way baby!
Posted by: DarthVader 2011-09-08 |