The fallout from the government’s failed $535 million bet in solar panel maker Solyndra expanded Friday, with the Obama administration seeking an independent audit of Energy Department loans even as the Republican-led House Energy committee threatened a subpoena of the president. Read more»
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A politically connected solar company that pocketed a half billion dollar government loan, only to shutter its doors, fire workers and file for bankruptcy, secured an interest rate lower than other green energy projects, iWatch News and ABC News found — one in a string of benefits the Obama administration doled out in bankrolling the project. Read more»