Role of White House Aides Questioned in Solyndra Hearing

Sep. 14, 2011

Sept. 14 (Bloomberg) -- Jeffrey Zients, acting director of the U.S. Office of Management and Budget, and Jonathan Silver, director of the loan program for the U.S. Energy Department, testify today before a House Energy and Commerce subcommittee about the White House's involvement in the review of a $535 million U.S. loan guarantee to Solyndra LLC, a solar-panel. Solyndra, promoted by the Obama administration as a successful example of the use of stimulus money to spur development of a clean-energy industry, filed for bankruptcy on Sept. 6, and two days later its offices were raided by the Federal Bureau of Investigation. Bloomberg's Megan Hughes reports from Washington. (Source: Bloomberg)

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