Steve Spinner, a DOE loan program adviser who had served as an Obama fundraiser in 2008, was married to a partner at the law firm of Wilson Sonsini, which was representing Solyndra in its loan application. He had signed an ethics agreement in which he said he would not engage in negotiations about the loan or loan terms for the company.
Yet throughout Solyndra’s loan process, Spinner worked hard to defend the company from criticisms inside the government, including questions from climate czar Carol Browner’s office. He pushed to get a final decision on approving the loan in August.
“How [expletive] hard is this?” Spinner wrote on Aug. 28 to an another department official. “What is he waiting for? Will we have it by the end of the day?”
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Friday, October 07, 2011
This is not good
Carol D. Leonnig and Joe Stephens report:
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