| ---------------------------------------- News Alert: Advisers warned White House not to let Obama visit failing solar company October 3, 2011 4:32:11 PM ---------------------------------------- Newly released documents show that a Silicon Valley investor and senior administration officials warned the White House against having President Obama visit the solar company Solyndra in May 2010 because of its mounting financial problems, saying he might be embarrassed later. Obama's Energy Department had provided Solyndra with a $535 million government-backed loan and wanted to highlight the investment to show taxpayers how their stimulus dollars had been put to work. Top administration officials concluded that while a visit posed political risk, it was appropriate. Obama ultimately appeared at the factory and praised the company, which collapsed in late August and is now under federal investigation. http://link.email.washingtonpost.com/r/8VXTM7/XT2NYL/Z2YDT0/P4MGOV/C2DEI/B7/h For more information, visit washingtonpost.com ****************************** Advertisement: Have an iPhone, iPad or iPod Touch? Download any of The Washington Post apps for iOS devices: http://itunes.com/apps/thewashingtonpost  ****************************** Get breaking news alerts sent to your mobile phone. Text ALERTS to 98999. To unsubscribe, click here ---------------------------------------- © 2011 The Washington Post Company Washington Post Digital E-mail Customer Care 1150 15th Street NW Washington, DC 20071 |
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