GOP: Solyndra urged to delay layoff news until after election
A House of Representatives committee investigating failed solar company Solyndra released documents today indicating that the Energy Department sought to delay the announcement of the company's financial troubles until after the November 2010 election.
Energy Secretary Steven Chu is scheduled to testify tomorrow to the House Commerce and Energy Committee's Subcommittee on Oversight and Investigations Staff.
In preparation for Chu's appearance with investigators, the Republican-led subcommittee today released a history (click for PDF) of how Solyndra received a $535 million loan guarantee to build a factory but ran into financial troubles and eventually shut down and declared … Read more