Officials: No political influence in Solyndra loan
November 16th, 2011
04:13 PM ET
2 years ago

Officials: No political influence in Solyndra loan

Washington (CNN) - Officials interviewed as part of a House committee's investigation of a federal loan guarantee to Solyndra said they were unaware of any political pressure exerted on behalf of a key investor and fundraiser for the president, according to the panel's Democratic staff.

In a memorandum released Wednesday, the day before Energy Secretary Steven Chu appears at a committee hearing on Solyndra, the Democratic staff rebutted Republican leaders' claims of favoritism by the White House for George Kaiser, a major investor in the solar energy company who raised money for candidate Barack Obama in 2008.

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Filed under: Energy • White House
soundoff (13 Responses)
  1. soren

    1. Why did Biden have an orgasm when Solyndra was mentioned?
    2. Why was Solyndra told not to layoff people before the 2010 elections?

    November 16, 2011 04:16 pm at 4:16 pm |
  2. Democrat Class Warfare - Destroying the economy, destroying the country

    No political influence in Solyndra loan
    =============================
    Honestly, the Obama administration takes the American people for fools. All their blatant lies is why nobody believes ANYTHING they say anymore. I guess George Kaiser, a MAJOR Obama fundraiser, was just stopping by for some idle chit chat during all those visits to the Whitehouse. Yes, just talking about the kids, work and the weather because we all know they would NEVER talk about the HALF A BILLION DOLLARS the Obama administration was going to funnel to a company on the fast track to bankruptcy.

    And then they find out they were asked to delay layoffs until AFTER the 2010 election. Yes, it all on the up and up. The Democrat swamp runs wide and deep!

    November 16, 2011 04:20 pm at 4:20 pm |
  3. Rudy NYC

    Are they going to investigate the other side of the coin, or just one anonymous investor? The company was recruited and selected by the Bush administration. The major executives ( the ones who walk with the biggest pay checks ) are all Republicans.

    November 16, 2011 04:20 pm at 4:20 pm |
  4. BLKMANinAmerica

    DUH................................GOP wasting more time and $$ again for NOTHING.

    November 16, 2011 04:21 pm at 4:21 pm |
  5. Democrat Class Warfare - Destroying the economy, destroying the country

    Are they going to investigate the other side of the coin, or just one anonymous investor? The company was recruited and selected by the Bush administration. The major executives ( the ones who walk with the biggest pay checks ) are all Republicans.
    =========================================================================================
    Of course you have NO PROOF of the political affiliations of all the Solyndra execs. Enough of the blatantly false red herrings Rudy. The FACT is that the Obama administration BROKE THE LAW when it subjugated the loans to private investors and the BIG benefactor of that is a MAJOR OBAMA FUNDRAISER that REPEATEDLY visited the Whitehouse. The stench of illegality and corruption is over powering.

    November 16, 2011 04:38 pm at 4:38 pm |
  6. MTATL67

    With "Business Targets Campaigns of Key Committee Members" coming out in the Press. Congressional Republican have no room to be throwing stones. It will make their hypocrisy look even worse and make them come across as being petty and political.

    November 16, 2011 04:50 pm at 4:50 pm |
  7. Pig in a poke

    Rudy NYC – You continue to spread BS at an alarming rate.
    The Bush admin did not approve them, that was done by the Obama camp.

    November 16, 2011 05:04 pm at 5:04 pm |
  8. DaveinSC

    Again, no proof by the GOP of any wrong doing. Another witch hunt by the GOP so they don't have to focus on creating jobs like they promised,

    November 16, 2011 05:06 pm at 5:06 pm |
  9. poor daveinsc

    hahahaha you should ask dirty harry in the senate how many bills he's sitting on...you know...to make him feel taller when sitting

    November 16, 2011 05:28 pm at 5:28 pm |
  10. Democrat Class Warfare - Destroying the economy, destroying the country

    Again, no proof by the GOP of any wrong doing
    =====================================
    They violated federal law by subjugating the loan to private investors. Please try to keep up.

    November 16, 2011 05:28 pm at 5:28 pm |
  11. Nini

    Oh ok, now that the OFFICIAL said we are all good.

    Some of CNN's editors and writers are so trying to protect Obama its funny. If you look at their blog it is as if there is only one political party in America, they only report on all things negative regarding Republicans. SHAME SHAME SHAME

    November 16, 2011 05:35 pm at 5:35 pm |
  12. Nini

    Not a single post regarding the violence at the Occupy Wall Street!!
    Not even one story about the damage they have caused in every city they were at.
    Not even one story on how they praise violence, how they are making Threats.
    This is what is called a marginal news organization.

    November 16, 2011 05:39 pm at 5:39 pm |
  13. AlaskaPalin

    Agree no political influence. It was a complete political scam (not influence). The bernie madoff of all political scams.

    November 16, 2011 05:48 pm at 5:48 pm |