Chu, Republicans Square Off On Solyndra Loan

Chu, Republicans square off on Solyndra loan

WASHINGTON (Reuters) - Republicans probing how a now-bankrupt solar panel company received a $535 million federal loan guarantee excoriated Energy Secretary Steven Chu on Thursday for his decisions on Solyndra at a hearing packed with media and spectators.

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BING NEWS:
  • Energy Secretary Steven Chu who came under fire for $528m Solyndra loan resigns from Obama cabinet
    He drew fire from congressional Republicans who criticized his handling of a $528 million federal loan to solar panel maker Solyndra, which later went bankrupt, laying off its 1,100 workers. Republicans said Chu and other Energy Department officials missed ...
    02/1/2013 - 8:32 am | View Link
  • Steven Chu Resigns as U.S. Energy Secretary
    Energy Secretary Steven Chu announced today he will leave his ... He faced harsh criticism from Republicans in Congress for approving a government loan-guarantee for Solyndra, a solar panel manufacturer that later failed, potentially costing taxpayers ...
    02/1/2013 - 6:06 am | View Link
  • Energy Secretary Steven Chu announces resignation
    Chu drew fire from Republicans who criticized his handling of a $528 million federal loan to solar panel maker Solyndra Inc., which later went bankrupt, laying off its 1,100 workers.
    02/1/2013 - 5:32 am | View Link
  • Energy Secretary Chu Said to Plan Exit From Obama's Cabinet
    WASHINGTON D.C. --U.S. Energy Secretary Steven Chu, who drew criticism from Republicans over his support for loans to Solyndra LLC before the solar-panel maker went bankrupt, will leave his Cabinet post in President Barack Obama's second term, according to ...
    01/17/2013 - 7:00 pm | View Link
  • Chu: Solyndra loan based on merits, not politics
    Contradicting assertions by several committee Republicans, Chu said no one from the White House ever contacted him to make a political decision on the loan. "I want to be clear: Over the course of Solyndra's loan guarantee, I did not make any decision ...
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