Emails Show Obama Fundraiser Pushed for Solyndra Loan

By:  Brian Koenig
10/11/2011
       
Emails Show Obama Fundraiser Pushed for Solyndra Loan

Developments relating to the Solyndra debacle continue to surface as newly-surfaced internal government emails reveal that an Obama administration appointee at the Department of Energy (DOE) — and major Obama fundraiser — pushed to expedite a $535-million loan guarantee to the now-defunct solar firm. The emails expose "a disturbingly close relationship" among the White House, top campaign donors, and prominent Solyndra investors, according to a senior congressional Republican.

Steve Spinner, an adviser to the Department of Energy, actively endorsed the loan after agreeing to avoid any "active participation" in the application process, because his wife, Allison, was working for Wilson Sonsini Goodrich & Rosati, a law firm which represented Solyndra. Due to his wife’s association with the company, the DOE had ensured that Spinner would refrain from engaging in "any discussions" relating to the loan details because of a "conflict of interest." In a September 23, 2009 email to a DOE ethics officer, Steve Spinner described active participation as "solicitation, due diligence, [and] negotiations."

Energy Department spokesman Damien LaVera affirmed that Spinner was "authorized [only] to oversee and monitor the progress of applications, ensure that the program met its deadlines and milestones, and coordinate possible public announcements," because of his wife’s relations with Solyndra.

Developments relating to the Solyndra debacle continue to surface as newly-surfaced internal government emails reveal that an Obama administration appointee at the Department of Energy (DOE) — and major Obama fundraiser — pushed to expedite a $535-million loan guarantee to the now-defunct solar firm. The emails expose "a disturbingly close relationship" among the White House, top campaign donors, and prominent Solyndra investors, according to a senior congressional Republican.

Steve Spinner (pictured), an adviser to the Department of Energy, actively endorsed the loan after agreeing to avoid any "active participation" in the application process, because his wife, Allison, was working for Wilson Sonsini Goodrich & Rosati, a law firm which represented Solyndra. Due to his wife’s association with the company, the DOE had ensured that Spinner would refrain from engaging in "any discussions" relating to the loan details because of a "conflict of interest." In a September 23, 2009 email to a DOE ethics officer, Steve Spinner described active participation as "solicitation, due diligence, [and] negotiations."

Energy Department spokesman Damien LaVera affirmed that Spinner was "authorized [only] to oversee and monitor the progress of applications, ensure that the program met its deadlines and milestones, and coordinate possible public announcements," because of his wife’s relations with Solyndra.

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