Obama: No regrets over Solyndra – The 1600 Report - CNN.com Blogs 535 MILLION taxpayer dollars down the toilet. Of course he doesn't regret it--it wasn't his money. Plus it was nothing more than a political pay-back for the main investor in this company--that was also a huge campaign bundler for his 2008 Presidential campaign. Obama states that the overall portfolio is doing well--B.S.--3 other solar companies that he loaned money too also went bankrupt--costing another 300 MILLION taxpayer dollars. The Bush administration (energy department) turned down Solyndra one month prior to Obama taking over due to a BAD business model of this company--and Obama came into office and AGAINST all accounting auditors advice went ahead and made the loan anyway. We even have an e-mail going to Joe Biden's desk stating that this company would be bankrupt in Sept. 2011--and that's exactly when this company went bankrupt. One Big Ass Mistake America You voted for it--You got it!