White House dismissed Solyndra warnings

Published



White House officials were repeatedly warned by government accountants and a private investor about the financial troubles of the now-bankrupt solar panel maker Solyndra, which received a $535 million “green energy” government-guaranteed loan, newly released emails reveal.

The emails, released Monday by House Energy and Commerce Committee Democrats, show that President Obama was told not to visit Solyndra in May 2010 by an adviser who feared the firm would default on its loan before the 2012 election, embarrassing the president. But those warnings were overruled by White House advisers who said backing Solyndra was a risk worth taking, the emails show.

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