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Uh Oh: House Investigating Bankrupt Green Jobs Company With Obama Admin Ties

3:15 PM, Sep 2, 2011 • By MARK HEMINGWAY
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And the hits just keep on coming. This is not the kind of news that is going to help the Obama administration in the midst of a jobs crisis:

House investigators said they have uncovered evidence that White House officials became personally involved in an Energy Department review of a hot-button $535 million loan guarantee to the now-failed California solar company Solyndra.

The allegation surfaced in a letter House Energy Committee Chairman Fred Upton (R-Mich.) sent to the White House Thursday night, saying he planned to accelerate efforts to understand an investment deal that may have left taxpayers out half a billion dollars.

"We have learned from our investigation that White House officials monitored Solyndra's application and communicated with [Department of Energy] and Office of Management and Budget officials during the course of their review," the letter says.

Solyndra was supposed to create 4,000 jobs, but that's unlikely to pan out now. News is also reporting that Department of Energy officials were publicly supporting Solyndra "before final marketing and legal reviews [on the grant] were in." Add to that the fact that Solyndra investors, board members and executives were all big Obama donors and this starts to look like it could become a significant scandal.

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