Solyndra execs likely to testify on Hill next week

washington examiner ^ | washington examiner

[sunmars]

Executives from solar panel manufacturer Solyndra, which received over a half a billion dollars in loan guarantees from the Obama administration before filing for bankruptcy last week, are in negotations with the House Energy and Commerce Committee to openly testify before Congress next week, according to Rep. Cliff Stearns, R-Fla., the chairman of the panel's subcomittee on oversight and investigations.

The company's president and chief executive, Brian Harrison, and W.G. Stover, Jr., its chief financial officer, were asked to testify as part of tomorrow's committee hearing on the questionable loans, which have embroiled the Obama administration in what Stearns deemed a "full-blown scandal." The company's offices were raided by the FBI last week.

Stearns, speaking to bloggers at the Heritage Foundation, said the executives called the committee staff yesterday and asked whether they would be allowed to delay their testimony until next week. If they were granted the additional time, they said they'd agree not to exercise their Fifth Amendment right not to answer questions.

“We’re a little flexible if they’ll come next week and testify freely and openly and transparently," Stearns said. “I can’t say for sure, but most likely they’ll come next week and I think it would be very worthwhile for them to speak transparently and without taking the Fifth.”

Stearns said that the committee has a subpeona and could still force them to appear tomorrow, but he said it would be a "positive step" if they would actually answer questions.

Witnesses for tomorrow's hearing currently include Jeffrey Zients, deputy director of the White House Office of Management and Budget and Jonathan Silver, executive director of the Department of Energy's loans office.

[American Constitutionalist]

" Obama was not involved, I never met with him, in fact, I have never even heard of him until you asked me this question "

Senator so and so : If you never heard of Obama, why then were you at the White House ? we have evidence you were at the white house and now you tell us you never heard of Obama ?

[American Constitutionalist]

The Global Warming Hoax Scam Den of thieves.

[Chode]

[Dubya-M-DeesWent2SyriaStupid!]

Just like fast and furious the ones that do tell the truth and refuse to go to jail for Obama will be fired...oh wait Obama can’t control that.All the other Obama butt kissers will get homes in Bora Bora.

[Michael Barnes]

Sorry for being cynical, but I am not believing that half a billion dollars was given to this company and all of it went to operational/business costs. These "exec's" are well to do now or at the very least doing far better than the average freeper at this point. Does anyone REALLY think they will be falling on any swords here? Thick as thieves they are, the whole rotten bunch of them.

/Is it any wonder why I want my kids to expatriate? They have NO SAY in this wild spending/debt no matter my vote; this isn't their responsibility.

[mewzilla]

This is going to be interesting.

It'll be about as interesting as was the investigation into the Lockerbie bomber deal.

[RedMDer]

"Solyndra is leading the way"...
on my bullet train to bankruptcy. On purpose.

[tomd2]

(Bloomberg) — Solyndra LLC Chief Executive Officer Brian Harrison and Chief Financial Officer Bill Stover have postponed their previously scheduled congressional testimony

http://www.bloomberg.com/video/75356766/

watch out, the chicago way is coming

[Blood of Tyrants]

There is $407 million that cannot be accounted for. I’ll bet it went to the Rat investors so they wouldn’t lose their money.

[SunkenCiv]

Thanks sunmars.

[A Navy Vet]

"3) Obama was not involved, I never met with him, in fact, I have never even heard of him until you asked me this question ..."

Really, really killing me here!

[jonrick46]

The impeachment train has left the station . . .