Solyndra Bankruptcy: Insiders Warned Of Company Collapse Before White House Loan

Insiders Warned Of Energy-Firm Bankruptcy Before White House Loan

On August 20, 2009, an Energy Department staffer examining a pending loan to a California clean energy start-up came to a startling conclusion: The company would run out of money by September 2011. The government would, in effect, be placing taxpayers on the hook for a business likely to founder.

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