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Sep 18, 2011
09/11
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even steven chu conceded that he will have to look into the program and he has been invited to testify to congress on that. host: talk to us about the hearing that took place this week. who was there and what did they talk about? guest: two top executives from solyndra were supposed to be there. but there is an fbi investigation going on, this perfect storm. they did not testify because of the bankruptcy proceedings and the fbi investigation. but the two administration officials, they had the loan guarantee program and the acting deputy director of the white house office of management and budget. those two officials, they are the heads of the most critical parts of the administration. what i found striking was that neither one was present in the administration when this loan was approved. a lot of the questions that the republicans and democrats passed, they could not answer. they covered a lot of these pretty telling e-mails that suggested that the white house had intervened and tried to speed up the process. and there were officials that could not answer the questions because they we
even steven chu conceded that he will have to look into the program and he has been invited to testify to congress on that. host: talk to us about the hearing that took place this week. who was there and what did they talk about? guest: two top executives from solyndra were supposed to be there. but there is an fbi investigation going on, this perfect storm. they did not testify because of the bankruptcy proceedings and the fbi investigation. but the two administration officials, they had the...
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Sep 30, 2011
09/11
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he advised energy secretary steven chu on the green energy loan program, while his wife, allison's lawied for the doe loans. representatives for spinner told abc news that the couple - quote - "took elaborate steps to avoid conflicts between his government work and her legal work." questioned today about spinner's role, white house spokesman jay carney denied any impropriety. carney says: "it is my understanding, at least with regard to the gentleman [steve spinner] you just mentioned, that he had no connection to overseeing the loan guarantee program."the white house later added that "spinner had no role in the decision making process." the former ceo of allison spinners law firm, john v. roos, now the ambassador to japan, also raised money for the obama campaign. while congress and the fbi continue to investigate solyndra, some question why doe officials are allowed to grant any such loans. margonelli says: "when you have venture capitalists making bets or making loans to companies - they have skin in the game. they stand to make a lot of money and they stand to lose a lot of money.
he advised energy secretary steven chu on the green energy loan program, while his wife, allison's lawied for the doe loans. representatives for spinner told abc news that the couple - quote - "took elaborate steps to avoid conflicts between his government work and her legal work." questioned today about spinner's role, white house spokesman jay carney denied any impropriety. carney says: "it is my understanding, at least with regard to the gentleman [steve spinner] you just...
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Sep 27, 2011
09/11
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and steven chu was under pressure to fast track and speed up the loans and wanted less review and oversight>> you have -- you quote a source familiar with the internal debate, it was completely predictable there would be a colossal failure among the bets. is that in the sense that the program wasn't ready for primetime or if we're going to invest in 10 new companies, a couple of them are going to fail? >> sure. this was the philosophical debate that started early on in the administration. does it make sense to invest in specific companys? specific companies take a bet on them, you're not sure it is going to take. this is something the president's advisers were concerned about early on. >> one of the debates in washington now is was it politics? because one of these investors gave money, was it picking a company and saying help that one because they gave us money. has anyone in your reporting, i talked to others, been able to connect the dots or is that a republican question? >> that's something investigators are looking at right now. that's not something that i think anyone is really defini
and steven chu was under pressure to fast track and speed up the loans and wanted less review and oversight>> you have -- you quote a source familiar with the internal debate, it was completely predictable there would be a colossal failure among the bets. is that in the sense that the program wasn't ready for primetime or if we're going to invest in 10 new companies, a couple of them are going to fail? >> sure. this was the philosophical debate that started early on in the...
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Sep 17, 2011
09/11
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>> land made a name for himself when he first was elected to congress by taking on steven chu everybody was afraid of. i do not know exactly what his relation ship with sumner was, but he was not a radical republican. he was a moderate in that regard. he still wanted to build and the republican party in the south. that is why he was so strongly for suffrage for the free slaves. he was not for tremendous punishment for the south that some of the radicals were. >> we talk about the life and times of james blaine. grover cleveland was a successful candidates. we believe he had an influence on american history and are learning more about that tonight. >> hello, how are you? continuing on about james of bland personality, i would -- i was wondering, he is certainly a larger-than-life character. >> at me ask briefly if they seem embodied -- giving them a little time to think about it. >> i do not think so. he was considered a very congenial person. he came from a way as we say here in maine. he came up here as a young man. immediately he was accepted by people here. he was so good with people
>> land made a name for himself when he first was elected to congress by taking on steven chu everybody was afraid of. i do not know exactly what his relation ship with sumner was, but he was not a radical republican. he was a moderate in that regard. he still wanted to build and the republican party in the south. that is why he was so strongly for suffrage for the free slaves. he was not for tremendous punishment for the south that some of the radicals were. >> we talk about the...
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Sep 23, 2011
09/11
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a month later, september 4th, 2009, the original $535 million loan closed with energy secretary steven chuding the ground-breaking of solyndra's new factory and vice president joe biden delivering a speech via satellite. the obama administration says with new green technology, not every company is going to be successful, but that's not a reason to stop investing in companies moving forward on alternative energy. >> we never thought and the department of energy never thought that every investment would succeed. but that is not a reason to simply throw up your hands and say never mind, let's let the chinese own this. >> reporter: white house spokesman jay carney says the process used to determine who receives government-backed loans is merit-based and when it comes to cutting edge industries seeking this kind of government help, there is the potential for high rewards, but also for high risk as well. lisa sylvester, cnn, washington. >>> we reach out to multiple members of the house committee that's investigating this company solyndra. no republican accepted our invitation, but diana did agre
a month later, september 4th, 2009, the original $535 million loan closed with energy secretary steven chuding the ground-breaking of solyndra's new factory and vice president joe biden delivering a speech via satellite. the obama administration says with new green technology, not every company is going to be successful, but that's not a reason to stop investing in companies moving forward on alternative energy. >> we never thought and the department of energy never thought that every...
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Sep 21, 2011
09/11
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energy secretary steven chu, should he be held responsible? guest: i don't know who is involved there. but someone either didn't review thing rrs were misled by outside forces. and it is very important to find it. that's the part we have to fix. so that the whole loan program doesn't fall apart. host: if you find out that someone is responsible for this, should they go? guest: if they are responsible, yes, they should, but that doesn't get our money back. if private invest crors get their money first, that doesn't fly with me. host: who gos after the money? guest: i think in a situation like this, i'm not an attorney but what i've been advised is the question whether the contract for the loan is null and void. if a contract is based upon violating the law, it's not a contract. and if the clause from the energy bill says you can't subordinate taxpayers, that may violate the terms of the loan. host: there are examples here. host: considering there's too much taxpayers dollars, resources focused on this. guest: if they were coming clean, you woul
energy secretary steven chu, should he be held responsible? guest: i don't know who is involved there. but someone either didn't review thing rrs were misled by outside forces. and it is very important to find it. that's the part we have to fix. so that the whole loan program doesn't fall apart. host: if you find out that someone is responsible for this, should they go? guest: if they are responsible, yes, they should, but that doesn't get our money back. if private invest crors get their money...
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Sep 12, 2011
09/11
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christophe pamela chu >> steven chucknick >> wai chung >> christopher ciafardini >> alex f.frances ann cilente >> and my father carmine and now jason david cain. i love you so much. i will always keep loving you. >> and my uncle. we miss, and we love you. your spirit lives with us forever. >> elaine cillo >> edna cintron >> nestor andre cintron iii >> robert dominick cirri >> juan pablo cisneros-alvarez >> benjamin keefe clark >> eugene clark >> gregory alan clark >> mannie leroy clark >> sara clarke. thomas r. clark >> christopher robert clarke >> donna marie clarke >> michael j. clarke >> suria rachel emma clarke >> kevin francis cleary >> james d. cleere >> and my mother, kirsten christoff. rest in peace. >> and my father, robert cirri. >> geoffrey w. cloud susan marie clyne >> steven coakley . >> jeffrey alan coale >> patricia a. cody >> daniel michael coffey >> jason m. coffey >> florence g. cohen >> kevin sanford cohen >> anthony joseph coladonato >> mark joseph colaio >> stephen colaio >> christopher m. colasanti >> kevin nathaniel colbert >> michel p. colbert >> keit
christophe pamela chu >> steven chucknick >> wai chung >> christopher ciafardini >> alex f.frances ann cilente >> and my father carmine and now jason david cain. i love you so much. i will always keep loving you. >> and my uncle. we miss, and we love you. your spirit lives with us forever. >> elaine cillo >> edna cintron >> nestor andre cintron iii >> robert dominick cirri >> juan pablo cisneros-alvarez >> benjamin keefe...
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Sep 17, 2011
09/11
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steven chu has made clear his interest. i am confident they will testify in the coming weeks, although not next week. those are official said have been here throughout the process, unlike administration officials that testified last week. that is when those questions will be answered. host: amy harder is a energy and environment reporter with "the national journal." you can find her articles at nationaljournal.com. next call, new haven, conn., and john. caller: i realize amy harder is just a reporter, but all of these loans that are taken out, are they not given in portion as you go along? so, in the middle, you cannot say i spent $700 billion. let's go with that large amount -- $700 billion was supposed to be spent. it is the third year. there is no way i spent that much because it is given in portions, so where is the other money, doesn't go back into the system, does the loan get deferred? how does that work? a lot of people are confused. you can not receive that as you go along and you submit more information, the more
steven chu has made clear his interest. i am confident they will testify in the coming weeks, although not next week. those are official said have been here throughout the process, unlike administration officials that testified last week. that is when those questions will be answered. host: amy harder is a energy and environment reporter with "the national journal." you can find her articles at nationaljournal.com. next call, new haven, conn., and john. caller: i realize amy harder is...
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Sep 16, 2011
09/11
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because steven chu sits atop the department of energy and this is a man who has absolutely no idea what he's doing. this man is lost in the job. >> the federal watchdog group two separate times said the energy department has not developed controls needed to manage the multibillion dollar loan program. not just the ones at solyndra but they said that we have no idea where this company is going. three separate times, the white house ignored these warnings and sent the president out there to hail its use. >> apparently not internally and now somebody wants the world to know what was going on behind the scenes because they continue to release these e-mails from inside the department of -- the office of management and budget and the white house so this now is between an official from the omb. between two officials there. the optics of a solyndra default will be bad, the timing will likely coincide with the 2012 campaign season heating up. now, is the omb supposed to be a bipartisan group or are the people there appointed by the president? do we know? they're appointed by the president. >> th
because steven chu sits atop the department of energy and this is a man who has absolutely no idea what he's doing. this man is lost in the job. >> the federal watchdog group two separate times said the energy department has not developed controls needed to manage the multibillion dollar loan program. not just the ones at solyndra but they said that we have no idea where this company is going. three separate times, the white house ignored these warnings and sent the president out there to...
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Sep 17, 2011
09/11
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>> land made a name for himself when he first was elected to congress by taking on steven chu everybodyaid of. i do not know exactly what his relation ship with sumner was, but he was not a radical republican. he was a moderate in that regard. he still wanted to build and the republican party in the south. that is why he was so strongly for suffrage for the free slaves. he was not for tremendous punishment for the south that some of the radicals were. >> we talk about the life and times of james blaine. grover cleveland was a successful candidates. we believe he had an influence on american history and are learning more about that tonight. >> hello, how are you? continuing on about james blaine's personality, i would -- i was wondering, he is certainly a larger-than-life character. the c m embodied in any current politician? >> let me ask briefly if they seem embodied -- giving them a little time to think about it. >> i do not think so. he was considered a very congenial person. he came from a way as we say here in maine. he came up here as a young man. immediately he was accepted by pe
>> land made a name for himself when he first was elected to congress by taking on steven chu everybodyaid of. i do not know exactly what his relation ship with sumner was, but he was not a radical republican. he was a moderate in that regard. he still wanted to build and the republican party in the south. that is why he was so strongly for suffrage for the free slaves. he was not for tremendous punishment for the south that some of the radicals were. >> we talk about the life and...