Quote:
Originally Posted by MTI
Peter Davidson steps down from Energy Department: His loan program was responsible for Solyndra, and it did a great job.
Despite Solyndra, the program turned a profit.
The numbers are certainly far better than that. It looks like a very solid portfolio of loans to revenue-generating projects that have served as a catalyst for a vast new industry. And the program has not exhausted its authority. Since the beginning of 2014, it has approved $6.5 billion in loan guarantees to a nuclear project in Georgia and granted a conditional commitment to Alcoa for $259 million to help finance its efforts to use aluminum in autos.
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Somehow I doubt Larry will remember this fact.
06-24-2015, 05:38 PM
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