{JUST Added} Obama’s Solyndra Scandal Reeks of the Chicago Way

Second Obama Fundraiser Linked to Solyndra Scandal

The White House faced mounting political complications as a second top fundraiser for President Barack Obama was linked to a federal loan guarantee program that backed a now-bankrupt Silicon Valley solar energy company, and as two California lawmakers called for investigations of a state tax break granted to the firm.

Steve Spinner, who helped monitor the Energy Department’s issuance of $25 billion in government-backed loans to renewable energy projects, was one of Obama’s top fundraisers in 2008 and is raising money for the president’s 2012 re-election campaign.

Spinner did not have any role in the selection of applicants for the loan program and, in fact, was recused from the decision to grant a $535 million loan guarantee to Solyndra Inc. because his wife’s law firm represented the company, administration officials said Friday.

But Spinner’s role as a top official in the Energy Department program, which had not been previously revealed, is likely to spur new inquiries into whether political influence played a role in the handling of the “green” energy fund. Solyndra faces a congressional probe, a criminal investigation and separate internal inquiries at the Energy and Treasury departments.

Read more @ Boston Herald

Every crooked politician says ‘I Don’t Remember’. This time it is the latest crooked mayor of Cheekago, Rahm Emanuel on Solyndra:

Click image for D.C. story…

Those of us from Chicago know exactly what the Solyndra scandal smells like. And It doesn’t smell fresh and green.

Kudos to John Kass,. Chicago Tribune is a flaming liberal rag, so this went beyond gutsy!

The Solyndra scandal cost at least a half-billion public dollars. It is plaguing President Barack Obama. And it’s being billed as a Washington story.

But back in Obama’s political hometown, those of us familiar with the Chicago Way can see something else in Solyndra — something that the Washington crowd calls “optics.” In fact, it’s not just a Washington saga — it has all the elements of a Chicago City Hall story, except with more zeros.

The FBI is investigating what happened with Solyndra, a solar panel company that got a $535 million government-backed loan with the help of the Obama White House over the objections of federal budget analysts.

Obama and Vice President Joe Biden got a nice photo op. They got to make speeches about being “green.” But then Solyndra went bankrupt. Americans lost jobs. Taxpayers got stuck with the bill. And members of Congress are now in high dudgeon and making speeches.

:: Solyndra Controversy from Ex-Employee’s POV ::

From Greta…A former employee filing class-action lawsuit sounds off on scandal involving the White House and now-defunct solar panel company’s $528 million stimulus loan

:: Ex-Solyndra Employees Looking for Answers ::

Woman says bankruptcy came as complete shock:

~ On the other side of the coin:

:: Solyndra Flap Not Slowing Rush for ‘Green’ Loans ::

From Cavuto…Failed solar company may cost taxpayers $528 billion