Saturday, September 10, 2011

Rent Seeking 101: The Solyndra Chronology

The following is a list of links to stories detailing the Solyndra Saga.  They are listed chronologically with the latest listed first.  I will try and update the list as newer information surfaces.  For the best and most coherent summary in the shortest time, read the stories published by Bruce Krasting first.

As I've been saying, I believe this story represents, government corruption, crony capitalism and corporate rent seeking at its worst.  There is the potential for a huge scandal here, and I would not be surprised to see the government attempt to cover up incompetence and/or wrongdoing and stonewall efforts to expose the facts.  I'm very concerned to hear that the FBI and the DOE Inspector General were responsible for raids of the company headquarters and the homes of prominent Solyndra officials.  I'm more concerned that they are attempting to hide or destroy evidence rather than expose the facts.  This is the government in charge of investigating itself.  Like foxes guarding the henhouse.  FBI falls under the Department of Justice.  Does anybody trust Eric Holder to conduct a thorough and honest investigation?  This whole thing stinks big time.  Fortunately there are Congressional Committees with oversight who may be more motivated to seek justice.

20 January, 2012    Bankrupt Solyndra Caught Destroying Brand New Parts  CBS San Francisco

21 September, 2011   As Solyndra Execs Prepare to Take the Fifth, Company Blames DOE for Its Demise  NYTimes

20 September, 2011   George Kaiser 2009: “There’s never been more money shoved out of the government’s door.”   Reason Magazine

19 September, 2011 Why Was Congress Forced To Subpoena Head Of Obama's Budget Office To Get Info On Solyndra?   Zero Hedge

19 September, 2011 A Solyndra Insider's Words   Bruce Krasting

17 September, 2011  Solyndra's Whorehouse Lender  Bruce Krasting

16 Septmber, 2011  Solyndra: A Few New Facts, A Few New Questions  Bruce Krasting

15 September, 2011  Jon Stewart on Solyndra

14 September, 2011 Solyndra Scandal Gets Even Worse for Obama Administration  Reason

 13 September, 2011   Exclusive Timeline: Bush Administration Advanced Solyndra Loan Guarantee for Two Years, Media Blow the Story

13 September, 2011  Solyndra--Moving Forward to What?  Bruce Krasting  ZeroHedge

12 September, 2011  House to Probe Failed Energy Company Solyndra  at Hearing  LA Times

10 September, 2011  More on Solyndra-The Next Move   Bruce Krasting  ZeroHedge

9 September, 2011   FBI Visits Homes Of Solyndra CEO, Co-Founders  WSJ

8 September, 2011   Solyndra Officials Made Numerous Trips to White House, Logs Show   Daily Caller

7 September, 2011   "Connected" Energy Firm Got Lowest Rate on Government Loan  ABC News

7 September, 2011   Solyndra- The Obama Connection  Bruce Krasting 

6 September, 2011  Solyndra: Pay Some Investors Before Taxpayers In Solar Flame Out  Forbes

6 September, 2011   Solyndra Bankruptcy Reveals Dark Clouds in Solar Power Industry  NY Times

1 September, 2011  Solyndra Collapse a 'Waste' of Half a Billion By Obama, GOP Critics Say  ABC News

31 August, 2011  Solyndra, Solar-Panel Company Visited by Obama in 2010, Suspends Operation  Bloomberg

30 August, 2011   Government Investment Disaster in the Works?   Bruce Krasting

30 August, 2011  Solar Purge Drives Weakest Into Buyouts, to Spur More Deals  Bloomberg

28 February, 2011  Solyndra Raises Another $75M, DOE Loan Guarantee Period Extended  Gigaom