- Post 03 August 2012
- By Copy Editor
(Jonathan Karl / ABCNEWS) -- Buried in the treasure trove of White House emails related to Solyndra released Thursday by the House Energy and Commerce Committee is one suggesting that concerns about Solyndra’s viability were shared all the way up to then-White House Chief of Staff Bill Daley a full six months before the company went bust.
First, some background.
We’ve known for a while that career analysts at the Office of Management and Budget had told the Department of Energy that they had concerns about Solyndra. The emails show that OMB analyst Kelly Colyar urged the company be shut down and its assets sold off in January 2011. Liquidating Solyndra then, she estimated, would limit taxpayer losses to $141 million. The Department of Energy’s plan to save the company by restructuring the loan, she warned in a January 2011 email, could mean losses “significantly HIGHER” for taxpayers. ...continues...