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September 18, 2011

Breaking: Documents Clear White House of All Wrongdoing In Solyndra Scandal

Oh, just kidding. It's gotten even worse. But you can only post so many "Solyndra just got worse" headlines before you get bored.

Major Obama fundraiser linked to Solyndra loans. I mean another major Obama fundraiser.

Steve Spinner, who helped monitor the Energy Department's issuance of $25 billion in government loan guarantees to renewable energy projects, was one of Obama's top fundraisers in 2008 and is raising money for the president's 2012 reelection 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.

He recused himself from formally making the decision, they say, but he may not have recused himself from influencing the decision.

How cozy an arrangement this is for all involved.

Thanks to JohnE.






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