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September 26, 2011

Among Solyndra's Creditors: The California Democratic Party

Just when you thought "This couldn't get any cronier.

Out of the hundreds of out-of-work employees, vendors, investors and other creditors in the bankruptcy of government-backed solar-panel maker Solyndra LLC, one name stands out: the California Democratic Party.

Why California Democrats would be creditor to a company that received more than a half-billion dollars in federal loans to build a solar-panel plant isn’t clear. Even party officials say they’re not sure.

The California Democratic Party’s communications director, Tenoch Flores, said the organization was not owed “any funds in any form” by the California-based company. He said he was unclear why the party would be listed as a creditor in Solyndra’s bankruptcy filing.

Meanwhile (also taken from Verum Serum), the DoE did not disclose that it had been massively lobbied by Solyndra.

Under a policy first issued by the White House in 2009, federal agencies were required to disclose lobbying for stimulus funds. McBee Strategic Consulting, a lobby firm then under contract with Solyndra, said it had contacted the Energy Department in the first and third quarters of 2009 regarding the Recovery Act, according to records filed under the Lobbying Disclosure Act (LDA).

Yet a review by The Hill of the more than 40 lobbyist contact disclosure forms regarding the stimulus posted online by the Energy Department reveals no contact between the department and Solyndra's lobbyists.


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posted by Ace at 01:01 PM

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