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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    But Chu also led the Energy Department when it backed over $500 million in financing to the solar panel manufacturer Solyndra, which later went bankrupt at a loss to taxpayers. Republicans used it against Obama as an icon of what Rep. Darrel Issa described ...
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