1. A guarantee is only a guarantee, not (yet) an expense.
2. How about Halliburton and Cheney? http://www.rawstory.com/news/2005/Cheneys_stock_options_rose_3281_last_1011.html
The stink of this just grows bigger and smellier the more that's revealed about it.
An Obamanation Of Favoritism & Corruption.
Secretary Chu denied politics played a role in decisions to grant $535
million of loan guarantees to Solyndra, which was run by Obama bundler
Of the $20 billion of government grants and loan guarantees made to
green-tech companies by the DOE since 2009, over $16 billion were
allocated to "Obama-related companies," Schweizer tells me in the
accompanying video. "By that I mean either the chief executive or
leading investor was a member of his campaign finance committee or was a
bundler for his campaign."
Obama administration may have conducted "the greatest -- and most expensive -- example of crony capitalism in American history."