New e-mails reveal: White House closely monitored Energy Department’s deliberations of Solyndra « Hot Air: "Remember: Solyndra’s financial difficulties were an open secret in the industry. Everyone knew they couldn’t maintain their cost structure; in fact, before you watch the clip below, read this Bloomberg story about how accountants at PricewaterhouseCoopers were warning of “substantial doubt about its ability to continue as a going concern” fully two months before Obama had his big photo-op at Solyndra HQ. Everyone knew. Except, of course, for the Energy Department officials who sat in on the company’s meetings and the White House supervisors who monitored their deliberations. Somehow, when that gang put their heads together, they decided that throwing $500 million federal loan into a solar sinkhole was a smart, savvy idea.
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This is going to be another big scandal going into 2012. Democrats are doomed.
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