White House officials knew before the 2010 midterm elections that Solyndra LLC planned to fire workers after winning a $535 million U.S. loan guarantee, according to e-mails released yesterday, a disclosure that might have embarrassed the administration.
The Obama administration knew before the 2010 election that Solyndra LLC, a solar-panel maker that received a $535 million U.S. loan guarantee, planned to fire workers, according to e-mails released today.
Solyndra LLC Chief Executive Officer Brian Harrison, who plans to invoke his Fifth Amendment right to silence at a congressional hearing tomorrow, was vocal about the company’s prospects in meetings with some of the same lawmakers two months ago.
The U.S. Department of Energy asked Solyndra LLC to delay announcing it would fire workers until a day after last year’s elections, according to a House Republican report citing advisers for the failed solar-panel maker.
Solyndra LLC Chief Executive Officer Brian Harrison will decline to answer questions this week at the House Energy and Commerce Committee’s investigation hearing into the failure of the solar-panel manufacturer.
Solyndra LLC, the solar-panel maker that filed for bankruptcy protection two months after executives extolled its prospects, is being investigated by the FBI for accounting fraud, an agency official said.
Solyndra LLC, the bankrupt solar panel maker, asked for court permission to hire R. Todd Neilson as chief restructuring officer to replace its chief executive officer, who departed after refusing to answer questions posed by a congressional committee.
Solyndra LLC, the solar-panel maker that collapsed after getting a U.S. loan guarantee, hired a Washington lobbying firm weeks before its bankruptcy in what may have been a last-ditch effort to sway U.S. lawmakers investigating the company.