Washington (CNN) - The head of the U.S. Department of Energy's Loan Program Office has resigned amid a fiscal firestorm over the bankruptcy of a company that received a $535 million federal loan, DOE Secretary Steven Chu said.
The loan program's executive director, Jonathan Silver, was planning to leave his post and return to the private sector this fall, Chu said in a written statement.
He was planning on leaving his post since July, why is this relevant?
Let the conspiracy theories from the Right begin!
So one company failed. Let's keep our eyes on the ones that have succeeded!
Did Obama fail to give motivations to him?
My dad always said, "Don't loan money to republicans, you'll never get it back."