Email: Solyndra CEO Lauded Obama Admin As The 'Bank Of Washington'...

paulitician

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Oct 7, 2011
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Ah Socialists/Progressives, spending other peoples' money and lovin it.


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Solyndra’s CEO labeled President Barack Obama’s administration “The Bank of Washington.”

Chris Gronet offered the description in an internal email one year before the company collapsed in 2010, costing taxpayers roughly $500 million.

The email was obtained and published by the Republican National Committee.

“The Bank of Washington continues to help us!” he wrote in the October 2009 e-mail, which sketched plans for Solyndra to exploit several additional federal programs and tax-incentives.

“Some names fit,” said Darrell Issa, the GOP chairman of the House Oversight Committee. “Using the name of ‘Bank of Washington’ has a legitimacy that I think will transcend this election,” he said in a Thursday press conference called to highlight the Solyndra email.

Several White House officials had close ties to green-tech companies, and many green-tech executives have donated to Obama’s political campaigns.

The company received numerous benefits from the Obama administration, which allocated roughly $60 billion to spur a variety of green-tech companies, including Solyndra.

Numerous companies have since collapsed, including Solyndra, costing the taxpayers hundreds of millions of dollars...

Read more: Solyndra CEO in email: Obama admin the 'Bank of Washington' | The Daily Caller
 

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