September 30, 2011

Government Bank That's Financing More Solyndras

Liz MacDonald, FOX Business

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Wednesday, April 7, 2010 as of 11:14 AM ET

By Elizabeth MacDonald

Published September 28, 2011

| FOXBusiness

(The following story has been corrected to reflect that the Federal Financing Bank is an on-balance sheet bank whose activities are reported in the Department of Treasury's financial statements. The story also inaccurately stated that the FFB provides a "backdoor government bailout" of the U.S. Postal Service. In fact, Congress provides the USPS with statutory authority to borrow up to $15 billion to finance its business operations, and the FFB lends money to the USPS...

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TAGGED: Solyndra


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