The federal government and private investors knew the risks they were taking when they poured money in Solyndra LLC, the California solar panel manufacturer that went bankrupt two years after winning more than a half-billion dollars in federal loan guarantees, according to the company’s top official.
Wednesday, March 28, 2012
Solyndra, feds knew risks, official says : Blames company’s bankruptcy on falling solar prices, global recession
The Washington Times reports:
