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White House denies pushing Solyndra loan
By: Bill O'ReillySeptember 14, 2011
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STORY EXCERPT
Financial Times: The White House denied it put pressure on budget officials to approve a controversial $535m loan to Solyndra, a solar panel maker that has since filed for bankruptcy, after a congressional investigation suggested the officials were rushed to agree to the stimulus loan. Republicans said in a House hearing that e-mails from 2009 showed that the Obama administration used political pressure to expedite the approval of the loans because they were eager to highlight their effort to create "green jobs" as part of the stimulus package approved that year, and have Joe Biden, vice-president, attend a groundbreaking event at the company.
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