Darren Samuelsohn (POLITICO) reports that the GOP is calling for Solyndra messages that might be on President Barack Obama's BlackBerry as well. Cliff Stearnes is the House member leading the call. In addition, House Republicans "have already approved a subpoena for documents at the Office of Management and Budget and DOE, and they’re not ruling out more legal moves depending on how the administration responds." Jim Snyder (Bloomberg News) explained a new development in the story:
The company received a $535 million federal loan guarantee on Sept. 3, 2009, and broke ground for its so-called Fab 2 facility the next day, at an event that Energy Secretary Steven Chu attended. Seven days later, the company requested $469 million for more construction and equipment at Fab 2 in a bid to cut costs of its tubular panels by increasing production, according to a December 2009 filing to the U.S. Securities and Exchange Commission.
Dan Berman (POLITICO) reports that at his news conference today, the president defended the Solyndra loan. (Solyndra was a solar energy company. It received a half-billion dollar loan from the government and then it went belly up. The chief investor in Solyndra was a Barack Obama donor and bundler who met with the White House at least three times in the lead up to Solyndra receiving the loan.) He defended the loan and he defended the loan program which is run by the Department of Energy. David Jackson (USA Today) reports, "The head of the Department of Energy's loans office is leaving for a Washington think tank amid criticism of the $535 million federal loan that went to now-bankrupt Solyndra solar energy company." Darius Dixon (POLITICO) explains, "Silver has held his post since November 2009, roughly two months after the DOE finalized its $535 million loan guarantee to the troubled California solar manufacturer. While he wasn’t involved in approving Solyndra’s loan guarantee, Silver found himself with the biggest political target on his back so far as congressional Republicans stalked for answers from the Obama administration."
This is C.I.'s "Iraq snapshot" for today: