Thanx for the ping abb !
Beam me to Planet Gore !
Posted on 10/06/2011 2:05:59 PM PDT by abb
The head of the Energy Department’s controversial loan guarantee program has decided to step down, department officials confirmed to The Washington Post on Thursday.
Jonathan Silver, who was named executive director of DOE’s Loan Programs Office in November 2009, has come under fire from congressional Republicans since the solar manufacturer Solyndra declared bankruptcy Aug. 31 after receiving a $535 million federal loan guarantee. While DOE made the initial loan to Solyndra before Silver took the program’s helm — a point he made repeatedly during his congressional testimony last month — he remained the administration’s point person for the embattled initiative.
Energy Secretary Steven Chu said in a statement Thursday that Silver had informed him in July, when it was clear that no significant new funds were being budgeted for the loan program, that he would leave at the end of the fiscal year.
snip
(Excerpt) Read more at washingtonpost.com ...
Well, you did not expect Obama to take responsibility did you?? I see this “sacrifice” as a red herring....
ping
Dump Steven Chu too, for good measure.
Sounds to me like somebody is turning on them and doesn’t want to go to jail. Just wait and see who else turns on them.
Gave the guy the Chicago Choice i.e.,”gold or lead?” to fall on his sword.
Line ‘em up!......It’s under the bus time!....
But Obama just said in today’s press conference that everything was OK and nobody did anything wrong!
Saying one thing when the opposite is happening -— liberal lies on display.
What a chump.
His job, in effect, was to go out and make loans to politically connected, dodgy solar companies.
Seems responsibility should go higher than the delivery-boy.
I did a profile on Silver in my newsblog back in February, 2010. A group here in Louisiana was/is trying to get one of those loans. A total scam.
Who is Jonathan Silver and Why is he so Important to V-Vehicle and Northeast LA Politics?
By Walter Abbott
watch for Silver to be hired by an obama campaign contributor
fail your way to the top.
Jonathan Silver, who was named executive director of DOE’s Loan Programs Office in November 2009, has come under fire from congressional Republicans
I see you have this figured out. Silver is the last guy I’d be going after. Congressional Republicans ought to be going for where the buck stops, no pun intended.
As I read casualty in the title my first thought perhaps one of the higher ups committed suicide.
We have corruption that goes all the way to the Oval Office and we are told it was just one of those things!
Appoint a Special Prosecutor and do it NOW.
Yep. The Democrats know to sacrifice the lowest rung possible. I’m certain there’s a very nice lobbying job just waiting for Mr. Silver.
Too risky for hedge funds
Too risky for private equity firms
Too risky for pension funds
Too risky for offshore investors
Too risky for commercial finance companies
Too risky for commercial banks.
I know!! Let's get some taxpayer money!!!
Heads are starting to roll.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.