Amid Solyndra crisis, head of federal loan program resigns
http://dervishcom.blogspot.com/2011/10/amid-solyndra-crisis-head-of-federal.html
The head of the Energy Department's embattled loan program announced Thursday that he was stepping down amid an expanding probe of the agency's $535 million loan to a now-shuttered solar company.
The departure of Jonathan Silver comes as the Obama administration faces intense pressure from Capitol Hill about whether it properly vetted the solar start-up Solyndra before providing it with taxpayer backing. President Obama used a Thursday news conference to credit agency officials with using their "best judgment" in approving the loan, part of a $35.9 billion federal effort to invest in breakthrough technologies that could create jobs and spur economic growth.
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Source: http://feeds.washingtonpost.com/click.phdo?i=0c3f2c0eaebcd052d79dffa616b3de33
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