November 2, 2011
Uncle Sam Is No Venture Capitalist
Mike Brownfield, Heritage
It’s yet another inauspicious announcement the Obama Administration didn’t want you to hear. Late on Friday, the White House announced that it ordered an independent review of loans made by the Department of Energy to energy companies after months of weathering criticism for its $528 million loan to the now-bankrupt Solyndra solar panel company.
TAGGED: Solyndra, Government Loans, Venture capital