Solyndra had backers on both sides of the aisle.Photo: John Martinez PavligaCross-posted from Climate Progress and coauthored by Richard Caperton. It's often claimed that the Solyndra loan guarantee was "rushed through" by the Obama administration for political reasons. In fact, the Solyndra loan guarantee was a multi-year process that the Bush administration launched in 2007. You'd never know from the media coverage that: The Bush team tried to conditionally approve the Solyndra loan just before President Obama took office. The company's backers included private investors who had diverse political interests. The loan comprises just 1.3 percent of the Department of …
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