The Associated Press reports that U.S. House Representative Lamar Smith is calling for an independent investigator to be appointed to investigate the Solyndra scandal. Jim Puzzanghera (Los Angeles Times) reports on the desire in the House to call investors to testify:
Kaiser was a major Obama fundraiser in 2008, and Argonaut is an investment fund operated on behalf of the George Kaiser Family Foundation. Kaiser has denied personally investing in Solyndra or talking to White House officials about the loan.
On Monday, Waxman and DeGette wrote to Rep. Cliff Stearns (R-Fla.), chairman of the House Energy and Commerce investigative subcommittee, asking that he call the two investment firms' executives as witnesses.
"One important question for the committee to examine is whether there were sound reasons to make an investment in Solyndra," Waxman and DeGette wrote. "Some sophisticated and experienced private venture capital investors thought the answer was yes, and they invested over $1 billion in Solyndra — twice the support provided by the federal government."
And Matthew Boyle (Daily Caller) digs around and discovers, "A Daily Caller review of the George Kaiser Family Foundation’s income tax returns found that during the same year billionaire investor George Kaiser successfully secured $535 million in government loan guarantees for the now-failed solar panel manufacturer Solyndra, his private philanthropy donated to a political cause close to the hearts of several high-ranking Obama administration officials."
This is C.I.'s "Iraq snapshot" for today: