Energy Dept. pushed ahead, amid potential conflict of interest
(NEWSER) - New emails are out in the Solyndra mess , and it's probably not a great day to be a guy named Steve Spinner. He is an Obama-fundraiser-turned-Energy-Department-official who pushed hard for the loan even though he promised to recuse himself—because his wife worked as an attorney for the firm representing Solyndra. The major news services are highlighting his role in making sure the loan happened, including the New York Times , Washington Post , Wall Street Journal , and Politico . (He has left his post and now works for a Democratic think tank.) The other main point to emerge: A Treasury official raised a red flag about the loan restructuring that went ignored. Mary Miller advised the Energy Department to get the Justice Department to sign off on the deal because it allowed private investors to be repaid before taxpayers if the company went bust. "To our knowledge, that never happened," Miller wrote. More»
