Solyndra Execs to Plead the fifth.

Discussion in 'Politics' started by WillowTree, Sep 20, 2011.

  1. WillowTree
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    WillowTree Diamond Member

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    Two top executives at a bankrupt California solar energy company say they will invoke their Fifth Amendment rights and refuse to answer questions when they appear at a House hearing on Friday.

    Solyndra Inc. Chief Executive Officer Brian Harrison and Chief Financial Officer W.G. Stover sent letters to the House Energy and Commerce Committee on Tuesday informing them of their plans to remain silent. The Associated Press obtained copies of the letters, which cite an ongoing criminal investigation by the FBI.

    Harrison and Stover said they still plan to appear before the committee, which is investigating a $528 million loan Solyndra received from the Energy Department in 2009.

    Solyndra filed for Chapter 11 bankruptcy protection earlier this month and laid off its 1,100 employees. The Silicon Valley company was the first renewable-energy company to receive a loan guarantee under a stimulus-law program to encourage green energy and was frequently touted by the Obama administration as a model.












    Solyndra Execs To Plead Fifth At House Hearing : NPR
     
  2. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny wantin' to know if dat's how come she didn't get her 2nd stimulus check money?...
    :confused:
    Solyndra employees: Company suffered from mismanagement, heavy spending
    20 Sept.`11 —  Solyndra, a California solar company backed by a half-billion dollars in loan guarantees from the Obama administration, announced it was shutting its doors and laying off 1,100 employees.
     
    Last edited: Sep 22, 2011
  3. Oddball
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    Oddball BANNED Supporting Member

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    how much you wanna bet we end up with a "missing 18 minutes" of computer records? :eusa_whistle:
     
  4. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    I don't want to take that bet.

    Isn't it funny how those "evil" oil execs have no problem testifying and the "green" execs have to take the fifth?
     
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