Question by FakeName: what does this news mean?
Energy adviser pushed loan to Solyndra
By MATTHEW DALY
THE ASSOCIATED PRESS
WASHINGTON An Energy Department adviser and former fundraiser for President Barack Obama pushed for a California solar company to receive a half-billion federal loan, despite pledging to recuse himself because his wife’s law firm represented the company, newly released emails show.
The emails show that Steve Spinner, a former Obama fundraiser who helped monitor a clean energy loan guarantee program, was more actively involved in a loan for Solyndra LLC than administration officials have acknowledged.
The emails, released by the administration in response to congressional investigators, show that Spinner was actively involved in a planned September 2009 trip by Vice President Joe Biden to Solyndra’s Fremont headquarters for a groundbreaking ceremony. Biden did not go on the trip but spoke via satellite. Solyndra declared bankruptcy last month despite receiving a 8 million federal loan.
In the emails, Spinner repeatedly pushes Energy Department and White House budget officials to ensure that the loan was finalized before Biden’s planned trip. The loan closing was announced at the groundbreaking ceremony on Sept. 4, 2009.
“How – hard is this? What is he waiting for?” Spinner wrote in an Aug, 28, 2009, email to a DOE official. “I have the OVP (Office of the Vice President) and WH (the White House) breathing down my neck on this. They are getting itchy to get involved.”
The emails refer to a DOE loan guarantee official who was evaluating Solyndra. A White House official declined to comment.
Spinner’s wife, Allison Berry Spinner, is a partner at Wilson Sonsini Goodrich & Rosati, a Palo Alto law firm that represented Solyndra on the DOE loan.
Best answer:
Answer by gandrew
Corruption on the level we accuse third world countries of doing.
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