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Erie, PA Bankruptcy Blog

Blogging about Bankruptcy Topics in Erie County & Erie, PA.

Friday, November 4, 2011

Obama Administration Considered a Bailout for Solyndra Before Bankruptcy

According to an article published by Fox News: WASHINGTON –  A Republican-led House panel voted Thursday to subpoena the White House for records related to Solyndra, the solar company that collapsed after receiving a $528 million loan. The House Energy and Commerce Committee approved the resolution 14-9 after Democrats tried to delay the vote during a contentious debate.  Democrats argued the resolution was too broad and gave Chairman Fred Upton too much power. But Republicans said a subpoena was necessary because the White House has denied or delayed requests for thousands of documents related to Solyndra. Upton, a Michigan...


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