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  • Solyndra CEO Called the Federal Government the 'Bank of Washington'

    From today’s House Energy and Commerce Committee report on the Department of Energy’s Solyndra loan guarantee comes this startling revelation: Chris Gronet, the CEO of Solyndra, referred to the federal government as the “Bank of Washington,” adding, “it continues to help us.”

    The report underscores the degree to which the Energy Department prioritized political considerations over economic ones when deciding to restructure Solyndra’s loan.

    Here is a screenshot of the email (click to enlarge), released as part of the committee’s investigation. The full report is embedded below.

    Posted in Featured, Scribe [slideshow_deploy]

    2 Responses to Solyndra CEO Called the Federal Government the 'Bank of Washington'

    1. Sandy Caruso says:

      Finally…this CEO nailed it….the "Bank of Washington" financing Solyndra was more about political 'pay-back' for this president than creating a product and jobs. This is a scandalous example why Obama and his cronies cannot 'rule' a second term.

    2. Bank of Washington? Or Bank of the Obama WH?… either or both, same thing. The Solyndra scandal alone is sufficient to disqualify Obama for reelection. Don't the Democrats know somebody else to run for 2012 presidency? If none, this shows that there are no more HONEST democrats…. all of them are just as bad as Obama! Let's get rid of them… save the USA!

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