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What The Press Is Getting Wrong About Solyndra
[House Energy and Commerce Committee, 9/14/11, via Nexis] ABC reported that internal emails "show the Obama administration was keenly monitoring the progress of the loan, even as analysts were voicing serious concerns about the risk involved.
Updated: 09/19/2011 05:13P
GM revs up interest in expanding Wentzville plant
Two years after their employer declared bankruptcy, workers at General Motors' Wentzville plant are seeing light at the end of the assembly line. The Detroit-based automaker is considering hiring 2000 new workers and adding 500000 square feet to its
Updated: 09/19/2011 05:13P
Smith calls for independent investigation of Solyndra loan
Lamar Smith, R-San Antonio, wrote a letter to Attorney General Eric Holder today seeking an outside lawyer to probe Solyndra's bankruptcy case to determine “whether politics played a role in influencing the Obama administration to favor Solyndra over
Updated: 09/19/2011 05:12P
Appliance Direct emerges from bankruptcy
All the stores will remain open, no jobs will be lost and a payment plan was reached with creditors over the next four years, attorney Scott Shuker said. The Melbourne-based company filed in April in federal court
Updated: 09/19/2011 04:59P
Guardian Energy celebrates grand opening of Ohio plant
15 after being idle for nearly three years following the previous owner's bankruptcy. The plant began operating as Greater Ohio Ethanol in 2008, but was idled in November that year after the company was unable to emerge successfully from a Chapter 11
Updated: 09/19/2011 04:54P
Lamar Smith wants outside lawyer to probe loan guarantee to bankrupt company
The Texan who chairs the House Judiciary Committee says he wants an independent investigator to look into a loan guarantee the Energy Department approved for the now-bankrupt California company Solyndra LLC. Rep. Lamar Smith, R-San Antonio,
Updated: 09/19/2011 04:52P
Talks will continue
General Motors Co. and the United Auto Workers, sobered by the government bailout and bankruptcy just two years ago, agreed on a new four-year contract late Friday without the public acrimony or strikes that have plagued the talks in the past.
Updated: 09/19/2011 04:46P
IMF, EU warn Greece to cut, privatize
ATHENS: The IMF and EU warned Greece to tighten austerity measures and ramp up asset state sales ahead of talks on rescue funds needed to stave off bankruptcy early next month. The International Monetary Fund criticized Greece for wasting time,
Updated: 09/19/2011 04:45P
Philadelphia's Trocadero breaks Ticketmaster contract
The Trocadero Theatre in Philadelphia, the subject of a bankruptcy case, is being allowed to break its ticketing contract with Ticketmaster for one that is allegedly more venue-friendly through TicketFly.
Updated: 09/19/2011 04:44P
Pressure Builds on Holder to Investigate Solyndra Scandal
The Obama administration approved a loan of over $500 million for the California-based green jobs firm, which went bankrupt in August and has become the subject of an FBI criminal probe apparently related to the loan guarantee.
Updated: 09/19/2011 04:43P
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