It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Update! Treasury Dept. to Investigate Solyndra Loan

page: 1
9
<<   2 >>

log in

join
share:

posted on Sep, 15 2011 @ 07:18 AM
link   
This case just keeps getting better and deeper everyday. Now the Treasury Dept. is investigating from a new angle because the Federal Financing Bank processed this loan. Ooops!


The Treasury Department’s inspector general has opened a new front in the investigation of the government loan to Solyndra, the now bankrupt company that had been touted as a model of President Obama’s ambitious green energy program, ABC News and the Center for Public Integrity/iWatch News have learned.

The new probe involves the $535 million loan, arranged by the Energy Department, but actually processed by the Federal Financing Bank, a government lending institution that falls under Treasury’s control. Already, the FBI and the Energy Department’s inspector general have executed search warrants at Solyndra’s headquarters and questioned company executives.

“We’re going to look at everything the FFB had to do with its role in this thing,” Rich Delmar, a spokesman for the Treasury Department’s inspector general told ABC News and iWatch News.


www.nationalreview.com...

It was suggested in another thread that this should be called Solyndragate. What will it take for something to stick to Obama our nations new Teflon Don.

more on solyndra
www.abovetopsecret.com...
www.abovetopsecret.com...
www.abovetopsecret.com...

edit on 15-9-2011 by jibeho because: (no reason given)




posted on Sep, 15 2011 @ 07:24 AM
link   
Oh Hum - this is standard procedure.

When a scandal erupts - call an investigation. Since the matter is under investigation, anytime someone asks a question the standard reply will "no comment as this matter is under investigation". The investigation will last until the issue is no longer an issue.

Tired of Control Freaks.



posted on Sep, 15 2011 @ 07:27 AM
link   
i predict nothing will come of this.
bring in independent investigators



posted on Sep, 15 2011 @ 07:32 AM
link   
Well, apparently it isn't just Barry 'O' who's to blame in this little example of fiscal flatulence . . . and don't go paintin' me with the O'bamabrush of Love because that just isn't the case with me. But before you go sayin' poo don't stick to the Prez, get all the facts. Solyndra made application to the Department of Energy in 2006 for the loan guarantee . . .




It’s often claimed that the Solyndra loan guarantee was “rushed through” by the Obama Administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush Administration launched in 2007





What critics don’t mention is that one of the earliest and largest investors, Madrone Capital Partners, is funded by the family that started Wal-Mart, the Waltons. The Waltons have donated millions of dollars to Republican candidates over the years


Source



posted on Sep, 15 2011 @ 07:35 AM
link   

Originally posted by TiredofControlFreaks
Oh Hum - this is standard procedure.

When a scandal erupts - call an investigation. Since the matter is under investigation, anytime someone asks a question the standard reply will "no comment as this matter is under investigation". The investigation will last until the issue is no longer an issue.

Tired of Control Freaks.


The investigation will continue until the next distraction comes our way. ABC news is running with this story not Fox. So the natives are getting restless in Obama's dugout for a reason.

The list keeps growing with Obama and something is bound to catch up to him. So far, he is involved with no less than 50 impeachable events that have not been pursued to a full investigation.



posted on Sep, 15 2011 @ 07:37 AM
link   
Call me confused.

How can I give you 535 million $ and now you are bankrupt?

Looks to me like theft/fraud/embezzling.

If I were a detective that is what I would be investigating. For actual crimes perpetrated. 535 mill $ doesn't just disappear like that.

If there is a crime afoot, than the paperwork will reveal it through discrepancies. It will be hidden on the surface but digging and doing your math will reveal exactly what happened and who is behind it.

It could be a spider web, and it almost always is.



posted on Sep, 15 2011 @ 07:39 AM
link   
reply to post by GoalPoster
 


THe Bush connection is a bust. The program as a whole was started in his administration but the plug was pulled on Solyndra when Bush was still in office. They deemed Solyndra as a non viable investment. Then Obama picked up the mess and wiped Solyndra clean with a wet nap.

Please check out some of the other threads for the full details. This one is all Obama. His WH tried to Blame Bush but the evidence suggests otherwise.

This is from the ABC investigation

Yesterday, ABC News dropped the bombshell that Bush era Energy auditors actually nixed the loan as unsound, and that Obama OMB staffers raised similar concerns upon their own evaluation. The White House's political team seemed to disagree, putting the deal on a "fast track." Mere days later, the massive government loan to the unstable "green" poster-child -- backed by major Obama donor cash -- was fortuitously approved.

www.abovetopsecret.com...
edit on 15-9-2011 by jibeho because: (no reason given)



posted on Sep, 15 2011 @ 08:41 AM
link   
Since the White House is intimately involved in this scandal, shouldn't an independent prosecutor be appointed?

Are there rules governing that? Does anyone know what is involved in the process of appointing one?

I would research the questions now, but my job is interrupting the important stuff right now.



posted on Sep, 15 2011 @ 08:43 AM
link   
reply to post by jibeho
 



Then Obama picked up the mess and wiped Solyndra clean with a wet nap.


Clean?


I wonder what made the napkin wet, in that White House?


edit on 15-9-2011 by butcherguy because: 4got the quote.



posted on Sep, 15 2011 @ 09:19 AM
link   

Originally posted by butcherguy
reply to post by jibeho
 



Then Obama picked up the mess and wiped Solyndra clean with a wet nap.


Clean?


I wonder what made the napkin wet, in that White House?


edit on 15-9-2011 by butcherguy because: 4got the quote.


Someone forgot to attend to the dingle berries with that tiny wet nap.



posted on Sep, 15 2011 @ 12:07 PM
link   

Originally posted by muzzleflash
Call me confused.

How can I give you 535 million $ and now you are bankrupt?

Looks to me like theft/fraud/embezzling.

If I were a detective that is what I would be investigating. For actual crimes perpetrated. 535 mill $ doesn't just disappear like that.

If there is a crime afoot, than the paperwork will reveal it through discrepancies. It will be hidden on the surface but digging and doing your math will reveal exactly what happened and who is behind it.

It could be a spider web, and it almost always is.


The truth is leaking out. Employee says everyone knew the plant wouldn't work.
- Solyndra Employee Blows Whistle -

-------------
More truths: Solyndra made solar panels/cylinders for $6.29 per watt.
Solyndra sold the cylinders for $3.29 per watt.
---------
The industry norm was $1.75 per watt!!!


Read more here: - Solyndra IPO Filing Info -

Solyndra = Lemon Socialism
edit on 15-9-2011 by Eurisko2012 because: (no reason given)

edit on 15-9-2011 by Eurisko2012 because: (no reason given)



posted on Sep, 15 2011 @ 12:37 PM
link   

Originally posted by Eurisko2012

The truth is leaking out. Employee says everyone knew the plant wouldn't work.
- Solyndra Employee Blows Whistle -

-------------
More truths: Solyndra made solar panels/cylinders for $6.29 per watt.
Solyndra sold the cylinders for $3.29 per watt.
---------
The industry norm was $1.75 per watt!!!


Read more here: - Solyndra IPO Filing Info -

Solyndra = Lemon Socialism
edit on 15-9-2011 by Eurisko2012 because: (no reason given)

edit on 15-9-2011 by Eurisko2012 because: (no reason given)


Very nice work, thank you for that.

Doing the math reveals a lot of funny things doesn't it!?

Keep up the good work Eurisko!



posted on Sep, 15 2011 @ 12:43 PM
link   

Originally posted by muzzleflash

Originally posted by Eurisko2012

The truth is leaking out. Employee says everyone knew the plant wouldn't work.
- Solyndra Employee Blows Whistle -

-------------
More truths: Solyndra made solar panels/cylinders for $6.29 per watt.
Solyndra sold the cylinders for $3.29 per watt.
---------
The industry norm was $1.75 per watt!!!


Read more here: - Solyndra IPO Filing Info -

Solyndra = Lemon Socialism
edit on 15-9-2011 by Eurisko2012 because: (no reason given)

edit on 15-9-2011 by Eurisko2012 because: (no reason given)


Very nice work, thank you for that.

Doing the math reveals a lot of funny things doesn't it!?



Keep up the good work Eurisko!


The nail in the coffin = Obama KNEW about the above figures BEFORE the money was
thrown at Solyndra!

It was all just an elaborate -kick back- scheme to one of his political donors.
We can all see lots and lots of smoke everywhere. 2 more whistle blowers = Fire !
Quid pro quo



posted on Sep, 15 2011 @ 01:13 PM
link   
You are naive if you think that the Treasury Department or the Justice Department will do a damn thing in this case.

Sweep it under the rug Timmy and Earl.

They all need to be led out in handcuffs. Walk them all right through the streets



posted on Sep, 15 2011 @ 01:13 PM
link   
double post
edit on 15-9-2011 by illuminatislave because: (no reason given)



posted on Sep, 15 2011 @ 02:08 PM
link   

Originally posted by GoalPoster
Well, apparently it isn't just Barry 'O' who's to blame in this little example of fiscal flatulence . . . and don't go paintin' me with the O'bamabrush of Love because that just isn't the case with me. But before you go sayin' poo don't stick to the Prez, get all the facts. Solyndra made application to the Department of Energy in 2006 for the loan guarantee . . .




It’s often claimed that the Solyndra loan guarantee was “rushed through” by the Obama Administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush Administration launched in 2007





What critics don’t mention is that one of the earliest and largest investors, Madrone Capital Partners, is funded by the family that started Wal-Mart, the Waltons. The Waltons have donated millions of dollars to Republican candidates over the years


Source


All your post - unwittingly - proves is that the Bush and his administration couldn't be bought as obama and his administration was on Solyndra-gate.

You are proving that Walton's donations didn't accomplish a thing - if that was even his intent - while obama's campaign donor's - George Kaiser - money and frequent visits were enough to get the approval from obama.

Thanks for helping out with the thread!



posted on Sep, 15 2011 @ 02:14 PM
link   

Originally posted by centurion1211
proves is that the Bush and his administration couldn't be bought


IRAQ

Cough Cough

Afghanistan

Cough Cough

Enron

Cough Cough

XE

Cough Cough



You guys are so righteous



posted on Sep, 15 2011 @ 02:19 PM
link   
reply to post by Janky Red
 


general electric

cough

gm unions

cough

stimulus 1.0 unions

cough

stimulus 2.0 unions agian

cough

fanny

cough

freddy

cough

solyndra

cough

obama bought alot of people in the last 3 years
edit on 15-9-2011 by neo96 because: (no reason given)



posted on Sep, 15 2011 @ 03:04 PM
link   
reply to post by jibeho
 



reply to post by GoalPoster


THe Bush connection is a bust. The program as a whole was started in his administration but the plug was pulled on Solyndra when Bush was still in office. They deemed Solyndra as a non viable investment. Then Obama picked up the mess and wiped Solyndra clean with a wet nap.

Please check out some of the other threads


You are absolutely right. The Bush admin nixed their request, and Obama admin fast-tracked it.

While I'm heartened to hear that the Treasury Dept. is launching an investigation, I wonder how non-partisan they can/will be. Remember who is the Secretary...Geithner.



posted on Sep, 15 2011 @ 03:10 PM
link   
reply to post by butcherguy
 



Since the White House is intimately involved in this scandal, shouldn't an independent prosecutor be appointed?

Are there rules governing that? Does anyone know what is involved in the process of appointing one?

I would research the questions now, but my job is interrupting the important stuff right now.


The request ha to go through the Justice Dept., I think, and guess who is the Atty. General? Eric Holder.


I'm thinking there has to be a way where the Congress can appoint one...?




top topics



 
9
<<   2 >>

log in

join