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Videos: Grilling DoE official over Solyndra
Griffith points out that Congress made clear that taxpayer funds for green-energy loans were not to be subordinated to other investors in case of bankruptcy and demands to know why Silver and the Obama administration disregarded it.
Updated: 09/14/2011 03:32P
Former Dawson clerk of court gets 24 months in prison
"I am so sorry for the pain, hurt and humiliation I caused the people around me," McCord said before Senior US District Judge William C. O'Kelley handed down the sentence. "... they have the right to expect more from a public servant.
Updated: 09/14/2011 03:31P
Will auto union, U.S. automakers reach a deal before midnight deadline?
General Motors and Chrysler are barely recovered from bankruptcy, and all three automakers, including Ford, have had to prove they can succeed with vehicles that are smaller and more fuel-efficient – and make those sales at a time when cash-strapped
Updated: 09/14/2011 03:29P
$500 Million Wasted on Bankrupt Solar Panel Company; White House was Warned
But Solyndra recently declared bankruptcy, laying off 1100 workers. Last week, the Federal Bureau of Investigation (FBI) raided Solyndra's headquarters to investigate whether the government was given the wrong idea when it handed over the hefty loan.
Updated: 09/14/2011 03:28P
Woodcrest brings back classic country club
Click here Woodcrest brings back classic country club September 14, 2011 3:24 PM By MARK HERRMANN mark.herrmann@newsday.com The family that bought the former Woodcrest Club at bankruptcy auction last year is not afraid to go against the grain.
Updated: 09/14/2011 03:25P
White House Aides Pushed for Solyndra Decision, Panel Says
14 (Bloomberg) -- President Barack Obama's aides pressured White House budget officials to complete a review of a $535 million US loan guarantee to Solyndra LLC, a solar-panel maker that has filed for bankruptcy protection, according to a House
Updated: 09/14/2011 03:13P
Solar: Downgraded
Companies have been cutting costs, and several, including Evergreen Solar, have filed for bankruptcy. Today, Jefferies Group (NYSE: JEF) analysts cut the outlook for three Chinese solar companies, an action that emphasizes the trouble solar companies
Updated: 09/14/2011 03:09P
Are you sick of this yet ? Your money wasted — and the White House calls it
Is this guy – Jeffrey Zients – nuts? He says the White House lending over $500 million dollars of YOUR money to a company (Solyndra) that has now gone belly up is “very unfortunate?
Updated: 09/14/2011 03:07P
AP Exclusive: Warnings ignored on new long-term care program's bankruptcy risks
WASHINGTON — Emails disclosed by congressional investigators show government experts repeatedly warned that a new long-term care insurance plan could go belly up, saddling taxpayers with another underfunded benefit program.
Updated: 09/14/2011 03:05P
House committee grills officials over failed solar firm
The company filed for Chapter 11 bankruptcy Sept. 6. Two days later, agents with the FBI and Energy Department's inspector general served a search warrant at Solyndra's Fremont, Calif., headquarters. The company's failure and the criminal investigation
Updated: 09/14/2011 03:04P
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