Wednesday, November 2, 2011

Obama Administration tried to put campaign donors on board of Solyndra DAYS before collapse!



Days before a solar panel maker collapsed, the Obama administration considered a bailout that would have provided an infusion of cash and a new board of directors, including two directors appointed by the Energy Department.

Officials rejected the plan, which was recommended in August by the investment banking firm Lazard Ltd. Lazard was paid $1 million for analyzing options related to the faltering company, Solyndra Inc.
Details of the bailout plan were among nearly 1,200 pages of documents released by the government Wednesday, hours before a House subcommittee was set to vote on a plan to subpoena White House documents related to Solyndra.

The best part of this - the banking advisement firm Lazard Ltd's VIce Chairman is Ashish Bhutani. So what you say?

Ashish Bhutani is a major Democrat donor and contributor to the Obama campaign fund.

God - we should all check the bottom of our shoes. Something smells seriously rotten here.....

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