U.S. House panel may subpoena Solyndra over loan
FEDERAL AID
June 25, 2011|By Jim Snyder, Bloomberg News
Solyndra CEO Chris Gronet (right) with Vice President Ben Bierman (left) explains solar technology to President Obama at the Solyndra solar panel company in Fremont last year.
A House panel may seek a subpoena for Obama administration documents related to a $535 million loan guarantee to Solyndra Inc. in Fremont, which closed a factory after winning the aid, a lawmaker said.
An investigation by the House Energy and Commerce Committee is being thwarted because the administration hasn’t responded to lawmaker requests, said Rep. Cliff Stearns, R-Fla. Jeffrey Zients, deputy director of the Office of Management and Budget, didn’t show up as scheduled for a hearing Friday on the agency’s role in the loan.
http://articles.sfgate.com/2011-06-25/business/29701701_1_loan-guarantee-solyndra-house-panel