How Goldman played key role in Solyndra's rise

Marketwatch reports:

While government officials and venture investors who supported Solyndra LLC are being put through the wringer by House Republicans, a powerful force on Wall Street that brought these players together has largely stayed out of the spotlight.

Goldman Sachs Group Inc. GS +2.64% , which Solyndra hired in 2008, helped propel the solar panel maker from Silicon Valley start-up to White House showcase. It solicited investors for the company with rosy valuation projections and helped Solyndra win a $535 million Department of Energy loan guarantee. And it positioned itself to earn underwriting fees if the company held an initial public offering.

The renting seeking world of Barack Obama (Democrat- Goldman Sachs).