Monday, March 26, 2012

Documents: White House was all-hands-on-deck as Solyndra collapse neared.......No Kidding.


Documents: White House was all-hands-on-deck as Solyndra collapse neared.......No Kidding.(TheHill).Several key White House offices were involved with the Obama administration’s messaging plans and other preparations as the collapse of the taxpayer-backed solar company Solyndra was imminent, newly released documents show.
The latest White House documents delivered to House Republicans on Friday again highlight the extent to which senior administration officials braced for the fallout as Solyndra – a company President Obama had personally visited – was about to go under.
A White House memo that noted the danger of “imminent bankruptcy” at the end of August 2011 says, “OMB, DPC and NEC have been working with press and OLA to be prepared for this news to break.”
Acronym translation: OMB is the Office of Management and Budget, DPC is the Domestic Policy Council, NEC is the National Economic Council and OLA is the Office of Legal Affairs.White House internal communications during the company's final days include an email about a planned meeting to discuss Solyndra on August 29, 2011. Heather Zichal, a senior energy policy aide, and Deputy OMB Director Jeffrey Zients were slated to brief other officials.
The list of optional attendees included several high-level officials, such as then-Domestic Policy Council Director Melody Barnes and Nancy-Ann DeParle, another senior adviser to the president.Republicans have pounced on last year’s Solyndra bankruptcy, arguing that the administration missed a series of red flags that hinted at the company’s financial problems. They’ve also alleged that the administration approved the loan in 2009 to please Obama’s campaign donors.Read the full story here.

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