FBI RAIDS SOLYNDRA – Obama’s Funded & Failed Green Boondoggle


In this May 26, 2010 file photo, President Barack Obama, with Solyndra Chief Executive Officer Chris Gronet, looks at a solar panel, during a tour of Solyndra, Inc., a solar panel manufacturing facility, in Fremont, Calif. Solyndra received a $535 million loan from the U.S. government has announced layoffs of 1,100 workers and plans to file for bankruptcy. (WaPo)

The FBI raided Solyndra this morning. The Top Obama bundler George Kaiser, a principle investor in Solyndra, made multiple visits to the White House in the months before the company was granted a $535 million loan from the government.
NBC Bay Area reported:

FBI agents armed with search warrants descended this morning on bankrupt solar company Solynrda this morning.

The investigation comes after a request by the Department of Energy’s inspector general, FBI spokesman Peter Lee told NBC Bay Area News.

Agents arrived at 7a.m. and are examining the factory. Solynrda has a skeleton crew of 100 workers on the scene, closing the factory down. A CNBC photographer on the scene says the FBI has promised a press conference. An agency spokesperson at its San Francisco headquarters says he’s unaware of any such plans.

Solyndra filed for bankruptcy last week, shocking both workers and the Obama administration, which had given the startup hundreds of millions of dollars in low interest loans. Congress has demanded a hearing into the matter.

There are no reports of any arrests at this time.

Solyndra officials made numerous visits — 20 — to the White House, according to logs and reporting by The Daily Caller. Solyndra officials in the logs included chairman and founder Christian Gronet and board members Thomas Baruch and David Prend, according to the Caller.

Solyndra filed for bankruptcy last week, shocking both workers and the Obama administration, which had given the startup hundreds of millions of dollars in low-interest loans. Congress has demanded a hearing looking into that loan.

They went to the wrong address.
They should have raided the White House.

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  • StrangernFiction

    Must. Destroy. Evidence.

  • Finncrisp

    What are they looking for – GREEN JOBS?

  • Patty

    I smell dead fishes. But how, isn’t Rahm Emanuel is Chicago. Some thing suspicious walking.

  • Patty

    #2
    🙂

  • Bert

    The smell of corruption keeps getting thicker and heavier.

  • rbosque

    Hey Obama!

    What happened to our money you just gave them you bastard?

  • Kissmygrits

    What did this company make anyway? That conveyor belt looks kinda empty.

  • mg4us

    Rumor has it that the sweetheart political deal not only offered a ridiculously low interest rate (much lower than other companies received) but the terms allowed subsequent investors to get their money BEFORE the lender (in this case the government). . .

    I am sure there is more too!

    Let’s Investigate the money trail. .all the way to the top. . including EPA, Holder & Obama. . .

    Impeach Obama!!

  • donh

    The way the FBI has protected Obama from the Blago scandal, the Rezco scandal, and his fraudulant aliases and papers…they are just raiding the company on behalf of Obama so his people control the data, the facts to get a grip on the cover up. I have no doubt millions of dollars were laundered through this company into the pockets of Hamas, islamic brotherhood, code pink, and race front groups. The company must have been crawling with hijabs, homies from the hood, and homosexuals faking employment on make believe projects.

  • Marmo

    So there may have been something fishy going on in a company that got awarded a $535 million loan and then went bankrupt a year later?

    Whodathunkit.

  • Ginger
  • Joe College

    I totally agree that if Eric Holder’s FBI is at this company at this time it is to make a photo op or to be sure all evidence linking them to Obama is destroyed.

  • Scott

    Good! Start at Solyndra and spend the next decade uncovering the corruption that followed Obama’s nearly trillion dollar stimulus debacle…If we had a press corps instead of political advocates and propagandists they could make their careers publicizing this garbage…

  • Bunni

    I bet they set up a secret slush fund bank account for bammy somewhere offshore. Bammy and all this czars, esp. jarrett. They’ll need an income when they all get fired soon.

  • Marmo

    #8 September 8, 2011 at 11:14 am
    mg4us commented:

    “Rumor has it that the sweetheart political deal not only offered a ridiculously low interest rate (much lower than other companies received) but the terms allowed subsequent investors to get their money BEFORE the lender (in this case the government). . .”

    And isn’t it funny that when Obama took over GM, the investors got squat, but the unions made out big? Appears to be quite a bit of cronyism going on with Barely’s administration, huh?

  • Mark

    Hey, we have just been green jobbed – greenbacks in Obama supporters pockets.

  • myohmy

    Is it time for WH to acquire paper shredder?

  • Sam Stone

    MUST SHRED THE EVIDENCE! MUST SHRED THE EVIDENCE! MUST SHRED THE EVIDENCE!

  • FurryGuy

    CYA at its finest from one of the most overtly corrupt administrations in the Republic’s history.

    Governments always destroy incriminating records and secret files when they go to war, and Barry and his Merry Band of Marxists assuredly have declared war on the American People with his Unionista armies.

  • archtop

    More tax money down the toilet 🙁

    But hey, our president is going to ask us for $400 billion more – enough to fund 800 Solyndras!

  • Midwestengr

    I wonder how many Vince Foster’s work at Solyndra?

  • donh

    There is a reason why the FBI is so obsessed with digging up Jimmi Hoffa junior’s daddy….He is the Godfather who brought the FBI under the control of organized crime.

  • MariaA

    If any of the GOP Pres candidates are smart they will latch themselves to this issue as a prime example of Obama’s regime hypocrisy and crony capitalism.

  • Patty

    535 million goes flying out the window. More promises from Obama. All the money he has thrown out the door and now he will find the money for jobs. Really. None of his polices and the words of his lackeys are just laughable. Excuses, proposals, throwing good money after bad.
    OUR MONEY!
    Raids on Business, Boeing, GE sending jobs to China, Withdrawal of Troops, Giving Illegals everything including Tax Breaks.

    Finding the money would be stopping this administration from spending trillions on thing that have definitely destroyed jobs and now another speech to destroy Congress and more incentive for Businesses, this is really happening and it is simply NUTS.

  • Guido

    Caption:

    Chris: “You see, Mr President, if you set something on this green device and raise this end, it will move ALL THE WAY to the OTHER END!”

    Obama: “Amazing! Revolutionary! I’ve never seen anything like it in all my career. Take this $535 Billion and spend it as you see fit. What? Ah, fuggedaboudit, it ain’t MY money!”

    Both: “HAHAHAHHAHAHAHAHAHAH!”

  • lemonaide

    Move along. Nothing to see here.

  • lemonaide

    Move along. Nothing to see here!

  • #1AMERICAN

    somebody pocketed a $hit load of money and now is in BIG trouble…tie it to the mooslime and impeach

  • Crimedog

    Get ready for a lot of the phrase: “I can’t comment during an ongoing investigation.”

  • FurryGuy

    #12 September 8, 2011 at 11:19 am
    Joe College commented:

    I totally agree that if Eric Holder’s FBI is at this company at this time it is to make a photo op or to be sure all evidence linking them to Obama is destroyed.

    Why not an evidence destroying photo-op? What better way for Holder to thumb his nose at Americans by showing his minions destroying the very evidence that could convict Barry and his Merry Band of Marxists.

  • jd

    Well, now there is no doubt that Obama is guilty. He will have the FBI “lose” the evidence that says he is.

  • Alana

    Love that caption, Guido!

  • Bill Mitchell

    GALLUP CONTINUES TO FLUMMOX:

    Over the past week, Obama has rallied 6 points on Gallup. Over the past week, Obama has had nothing but horrible news. Considering Gallup is supposed to be a 3 day moving average, I have always wondered how they can have these wild swings on an almost daily basis.

  • Mahdi Al-Dajjal

    9 September 8, 2011 at 11:15 am
    donh commented:

    The way the FBI has protected Obama from the Blago scandal, the Rezco scandal, and his fraudulent aliases and papers…they are just raiding the company on behalf of Obama so his people control the data, the facts to get a grip on the cover up. I have no doubt millions of dollars were laundered through this company into the pockets of Hamas, islamic brotherhood, code pink, and race front groups. The company must have been crawling with hijabs, homies from the hood, and homosexuals faking employment on make believe projects.

    ———————-

    This is exactly right! Kudos for your perspicacity! There’s simply no way that an Obama bundler and recipient of 1/2 BILLION dollars in low interest loans personally blessed by The One Himself, would be investigated AT ALL by any branch of the Federal Gov’t, let alone by the FBI. The administration is packed with Commies, Socialists, Maoists, and other Radicals of various stripes. Obama himself is an avowed Marxist and a complete fraud who is actively protected by high-placed people throughout the US Gov’t.

    The ONLY reason Solyndra is under investigation is to make sure that evidence is seized, handed over to Eric Holder’s Injustice Department, and then buried deeper than Jimmy Hoffa. I’d wager a hefty sum that somebody in that organization received a “WTF!!” telephone call from the White House after their bankruptcy filing became public and then threatened to go public with evidence that incriminates high ranking members of the Administration (if not Obama himself) in criminal activities related to the missing 1/2 billion (probably money laundering). And so Obama had no choice but to order the FBI to go in and grab every shred of evidence they can under the guise of a so-called “FBI Investigation”.

    The proof will be in the fact that absolutely NOTHING will become of this and one or more of the executives at Solyndra will die suddenly by a bullet in the back of their head while sitting in the driver’s seat of their car (like that State Dept. employee did who got caught sniffing around Obama’s various passport files).

  • Deanna

    #12 September 8, 2011 at 11:19 am
    Joe College commented:

    I totally agree that if Eric Holder’s FBI is at this company at this time it is to make a photo op or to be sure all evidence linking them to Obama is destroyed.

    This isn’t under Holder. It was ordered by an Inspector General for the DOE. An IG can act independently and reports to Congress. Issa should request this evidence and documents.
    Holder could be doing a little sweating right now. I think someone at the DOE knows they’ll get blamed and thrown under the bus so they’re getting the jump on the WH before that happens.

  • Joe College

    Deanna, hope so.

  • Maria

    If you listen to the Mark Levin show, a lady that works with the company called last night. She said that the company knew from the begining that they would not be able to produce the solar cells because China is producing them faster and with less cost. Still the company took it upon themselves to still spend the money by building a building that was never going to be used.

  • bg

    ++

    hah, “You ain’t seen nothin’ yet!” ~ B who’s sane? O

    Welfare Case Elon Musk’s SolarCity to
    Receive $344 million DOE-backed loan

    as the world turns, uh, approaches, er, creeps, um, inches towards, eh,
    maybe steps closer and closer to the NWO.. no no no, we’re more than
    halfway there.. another decade or so of the samo samo should make it
    perfectly clear to one & all.. /s/

    ==

  • robins111

    Wonder why they don’t just send in Molly Maid to clean up anything laying around..

  • befuddled

    Assuredly, with a ban on coal plants and drilling for oil the cost of electricity would not only increase, but skyrocket. In addition, if we had been able to pass Cap and Trade before the republicans got control of the house we would have had all the tax revenue we needed to keep all these Green plants subsidized. When gas is being sold for $10/gal and energy costs have quadrupled from 2 years ago, green products no longer seem unaffordable.

    “And I would have gotten away with it, too, if it weren’t for you meddling kids!”

  • FurryGuy

    #35 September 8, 2011 at 12:08 pm
    Deanna commented:

    The FBI is still under Holder, and the DOE has enough of its own dirty laundry that a joint evidence disappearing task force is not a black helicopter conspiracy delusion.

    I just looked and guess who is the Secretary of Energy? Steven Chu.

    Oh yeah, this is a major laundromat op underway.

  • the taxpayer created 1100 job at 486,000.00 per job. for an adminstration that hates the rich they have created more high paying jobs while destroying low and middle income jobs by the millions. anybody thinking this is going to stick to obama, forget about it. all over the newsrooms of american tass they are figuring out how bush did this.

  • lizzy84

    Dear pResident Soetoro,

    What advice would you give on starting my own scam?
    You seem to be an expert at con-jobs.

    Lovin’ that hope n’ change,
    Your secret admirer.

  • Deanna

    #41FurryGuy commented:

    The FBI is still under Holder, and the DOE has enough of its own dirty laundry that a joint evidence disappearing task force is not a black helicopter conspiracy delusion.

    I just looked and guess who is the Secretary of Energy? Steven Chu.

    Oh yeah, this is a major laundromat op underway.
    Okay, so why do it when Obama is going to give a jobs speech? Why not wait until Friday? And you do know an Inspector General can request the FBI’s assistance without Holder. This could be major inter-Departmental CYA and blame placing. Holder will have to decide who to tell Obama to throw under the bus and Chu doesn’t want to be the one. Some peon/s are going to blab and then we’ll see who is left standing.

  • Is this the FBI who helped in the investigation 9-11 ??? Ha !!!

  • ExExZonie

    An attorney wrote in to Andrew Stiles on the NRO Corner as well as the home page. The URL to the Corner post is below:

    http://www.nationalreview.com/corner/276635/fbi-investigating-solyndra-andrew-stiles

    He has an interesting comment from a reader, framed as follows:

    UPDATE: A reader writes in with some interesting speculation:

    As a lawyer who has done a fair amount of defense work, it strikes me as more than possible that someone tipped off Solyndra that they were under investigation and that the hammer was about to drop. Hence the quick meltdown and door-shutting. Just a hunch, but it seems likely, particularly given their connection to the administration and the fact that the Energy Department’s IG was doing the investigation.

  • donh

    Could be Holder needs to hold all the evidance of corruption at the solar plant as a ransom bargaining chip to escape the trouble he is in over Fast and Furious. Gotta love the stench of fear and desparation coming from the communist war room bunker.

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  • Perfected democrat

    Dearest Leader Prezident Obama (May you be revered in eternal glory!), due to the devastating global warming crisis I am opening a franchise of urgently needed all-season mobile Koolaid stands, a fleet of trucks easily able to provide emergency services for thirsty union members at the flash demonstrations which will be necessary as the next big election approaches. This business start-up will employ ten people per truck, with a planned 1000 trucks operating round the clock in all 57 states by the time full-service is established; of course, as would be expected, all employees will be union legitimate. We would like your support in getting a $200 million loan, and so would like to visit you at the Big House, drop off a few envelopes with our more detailed plans, and discuss the possibility of your additional assistance in coordinating this effort with Acorn to expedite the hiring of qualified personnel. Since the discussions will probably be quite time consuming, is there any possibility I could stay in the Lincoln Bedroom during the duration? Thank-you. – Pd

  • Redwine

    Of course the FBI took away evidence to protect Comrade Barry, just like the FBI removed and hid evidence that proved the Islamic connection to the OKC bombing to protect Clinton.

  • rbosque

    You might be on to something there Mahdi Al-Dajjal. If anyone at Solynrda turns up dead or missing, we ill know if it’s a cover up.

    ExExZonie, you nave a point too. It could be that they were tipped off so they closed the doors early.

    In either case, if i were a Solyndra exec, I’d make myself scarce.

  • befuddled

    Interesting…they swooped down and raided this place like it held Obama’s grades and real birth certificate.

  • BarryO

    How fitting, two dunces staring blankly at an empty conveyor….

  • Fuquay Steve

    “You mean to say this isn’t Gibson? Get me Holder on the secure line now!”

  • RedGrandma

    @ #7 and #53

    That’s not an empty conveyor! They made invisible solar panels, which is why they cost so much, which is why they went bankrupt.

  • BarryO

    #55 – you’re right! Turn sideways and you can just see them!

    LOL!

  • bg

    ++

    Ginger #11 September 8, 2011 at 11:17 am

    OT.. re: Gulan, bit more here..

    ==

  • Carbon Monoxide

    This is pay back for failure. This is a warning to all the people who benefited under Obama’s largesse not to make dear leader look bad.

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  • mo

    The Obama administration was involved in obstruction and probably outright fraud in this case.
    They deliberately failed to comply with several subpoena’s and it looks like they destroyed documents and committed perjury.

    See the timeline.

    February 17, 2011 – Committee Leaders submit a letter to Energy Secretary Chu seeking documents and information about the $535 million loan guarantee that the DOE Loan Guarantee Program awarded Solyndra, Inc. DOE complies with the request.

    March 14, 2011 – Committee Leaders submit a letter to OMB requesting key documents and information concerning the review of the Solyndra loan guarantee. A two week deadline is set.

    March 17, 2011 – Subcommittee on Oversight and Investigations holds a hearing on DOE Recovery Act Spending.March 28, 2011 – OMB fails to meet the Committee deadline.

    June 7, 2011 – After weeks of back and forth, an in camera review takes place with Committee staff and OMB staff. OMB selected eight emails between OMB and DOE to make available to Committee staff, and refused to produce the rest of the emails or the agreed-upon internal OMB emails and documents.

    June 23, 2011 – Oversight and Investigations Subcommittee Chairman Cliff Stearns responded in a letter to OMB after it refused to share requested documents by the Committee regarding the Solyndra loan guarantee investigation.

    June 24, 2011 – The Subcommittee on Oversight and Investigations held a hearing regarding OMB’s Role in the DOE Loan Guarantee Process. Sole witness Jeffrey Zients, Deputy Director of the Office of Management and Budget was a no show.

    July 11, 2011 – Committee staff conduct a second in camera review. Committee staff asked OMB about the production of the other categories of documents sought by this Committee, specifically, OMB’s internal communications and documents relating to Solyndra, and its communications with the White House. As the OMB had done for months, OMB staff refused to provide and answer about whether they would produce these materials, and instead maintained that the OMB-DOE communications sufficiently show whether or not OMB had has done its job with regard to Solyndra.

    July 12, 2011 – Energy and Commerce Committee leaders announced the Subcommittee on Oversight and Investigations were to hold a business meeting on Thursday, July 14, 2011 to consider a motion authorizing the issuance of a subpoena for certain records of the Office and Management and Budget relating to the Department of Energy’s issuance of a loan guarantee to Solyndra, Inc. on September 2, 2009.

    July 13, 2011 – Oversight and Investigations Subcommittee Chairman Cliff Stearns wrote a letter to the Director of the Office of Management and Budget (OMB) to provide a final opportunity to avoid the issuance of a subpoena. OMB refused.

    July 14, 2011 – The Subcommittee on Oversight and Investigations held a business meeting to consider the issuance of the subpoena. The Subcommittee voted to issue the subpoena 14 to 8.

    July 15, 2011 – The subpoena is issued to OMB, setting a July 22, 2011, deadline.

    July 22, 2011 – OMB fails to meet the subpoena’s dealing. Oversight and Investigations Subcommittee Chairman Cliff Stearns informs OMB that they have failed to comply with the subpoena issued on July 15, 2011 regarding the Solyndra loan guarantee. Chairman Stearns requested that OMB produce the documents no later than 9:00 a.m. Monday, July 25, 2011.

    July 25, 2011 – OMB fails to produce the documents by 9:00am deadline.

    August 2011 – OMB agrees to produce all documents necessary to the Committee’s investigation, with appropriate safeguards relating to proprietary information. Production continues.

  • Taqiyyotomist

    #7 kissmygrits

    What did this company make anyway? That conveyor belt looks kinda empty.

    LOL! I was thinking same thing. And they look mighty interested in the empty conveyor belt!

    I got it!

    They’re admiring “The Emperor’s New Solar Panels“!!

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  • Buffy

    You all do realize that the FBI was sent in to destroy the evidence, don’t you. This is Holder’s FBI……..

  • bg

    ++

    check out Africa’s solar & wind power.. /s/

    ==

  • befuddled

    “go listen to Mark Levin’s radio show 9/7 he had a caller who worked on the plant used fake name Jenny talk about how they knew before plant was finished they could not compete . All the stimulus money did was pay back unions, democrat donors and environmental wackos. ”

    Money Laundering the Chicago way.

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  • misterchub

    At least the money was accounted for. Unlike the 8 BILLION that went to “contractors” in Iraq that they were just too busy to write down who they gave the duffel bags of cash to.

  • “They went to the wrong address.
    They should have raided the White House.”

    LMAO.
    Best. Line. Ever.

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