kootchman
Here’s what happened
The results of the Congressional probe shared Tuesday with ABC News show that less than two weeks before President Bush left office, on January 9, 2009, the Energy Department’s credit committee made a unanimous decision not to offer a loan commitment to Solyndra.
In 2008, Solyndra, then just three years old, pushed ahead with its application for government backing to build a new plant to produce its unique solar panels. An outside rating agency, Fitch, gave Solyndra a B+ credit rating that August. Two months earlier, in June 2008, Dun & Bradstreet issued a credit appraisal of the company. Its assessment: “Fair.”
Those are not top-of-the-line scores, Fitch Ratings spokeswoman Cindy Stoller told the Center for Public Integrity’s iWatch News, which has been investigating the deal in partnership with ABC News since March. She could not discuss the Solyndra review specifically, but said of a B+ rating: “It’s a non-investment grade rating.” She provided a company ratings definition, showing that B+ fal
See Romney may not be charismatic…. but he knows a company that builds something for twice the price they can sell it for… well, it’s not investment grade. The Bush folks turned it down,… Obama wanted quick approval for a photo op while on his way to California.
Lots of facts… from lots of places
or
E-Mails Show Obama Was Warned; Bitter OMB, DOE Divide Over Solyndra
http://www.highbeam.com/doc/1P3-2478083961.html
Tell what is next… Obamacare was not his program either….???