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The Washington PostHouse Republicans on Thursday intensified their investigation into Solyndra, a California solar-panel manufacturer favored by the Obama administration that shut down this week.
Republicans on the Energy and Commerce Committee said they are seeking copies of all communications between the White House and Solyndra regarding a $535 million loan guarantee by the Energy Department. They are also seeking communications between the White House and investors in the company.
Solyndra was backed in part by capital from funds associated with George Kaiser, a Tulsa billionaire and Democratic fundraiser.
Energy and Commerce Committee Chairman Fred Upton (R-Mich.) and Cliff Stearns (R-Fla.), chairman of the oversight and investigations subcommittee, wrote to the White House, “We have learned from our investigation that White House officials monitored Solyndra’s application, and communicated with DOE and Office of Management and Budget (OMB) officials. Documents received by the Committee also show that DOE and OMB officials were aware of the White House’s interest in the Solyndra loan guarantee.”
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http://www.washingtonpost.com/politics/after-solyndra-failure-auditors-wonder-what-other-bad-bets-obama-officials-made/2011/09/01/gIQALMlnuJ_story.html