Taking the Fifth on the Solyndra scandal

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There is much we already know about the $527 million that the Obama Energy Department has apparently lost on the bankrupt solar panel manufacturer Solyndra. We know that the company applied for an Energy Department loan guarantee in early 2007, was given a bad credit rating by Fitch in 2008, and was denied a loan by the Bush Energy Department in January 2009. We also know that in March 2009, Oklahoma billionaire and Solyndra investor George Kaiser, who raised more than $50,000 for President Obama’s campaign, visited the White House four times. We know that on March 29, 2009, Energy Secretary Steven Chu announced Solyndra had been awarded a $535 million loan guarantee.

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