Politics
Solar Firm That Received $1.2 Billion Federal Loan Plagued by Financial Problems
$6 BILLION MORE ON THE LAST DAY OF LOAN GUARANTEES!!
What is going on? They have financial problems too. Just shaking my head...
Solar Firm That Received $1.2 Billion Federal Loan Plagued by Financial Problems
Solar Firm That Received $1.2 Billion Federal Loan Plagued By Financial Problems | Fox NewsWith the Solyndra scandal still swirling, the Obama administration is under pressure to reveal the financial condition of the solar companies that received $4.75 billion in similar federal loan guarantees on the last day of the program.
Republican lawmakers on two House committees are seeking details about the loans given to First Solar, SunPower Corp. and ProLogis. Of those three companies, troubling financial revelations have emerged about SunPower, which received a $1.2 billion loan, more than twice the money approved for Solyndra, which filed for bankruptcy last month after receiving a $528 million loan.
$6 BILLION MORE ON THE LAST DAY OF LOAN GUARANTEES!!
What is going on? They have financial problems too. Just shaking my head...