Bombshell: Obama chief of staff Daley briefed on Solyndra concerns six months before bankruptcy « Hot Air: " This is the first time Obama’s inner circle has been tied to the restructuring and its illegal subordination of those taxpayer loans. If Daley was briefed on the details of that restructuring before it got put in place and it still went forward, one can infer that Daley didn’t raise any objections to it. It’s hard to imagine that Daley would have gone out on that limb without getting approval from the man to whom he directly reported — Barack Obama.
Even without the illegality in subordinating taxpayers, this is still very bad news for Obama. The decision to move forward cost taxpayers an addition $380 million. Did Obama give the personal OK to put that much more at risk on an already-failing company? Again, it’s very difficult to imagine that Daley was making those kinds of calls without checking in with the boss."
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