Daily Archives: October 6, 2011

Energy loans official leaves in wake of Solyndra

By Ayesha Rascoe and Roberta Rampton
Thur.10 06 2011

WASHINGTON (Reuters) – The Obama administration said on Thursday its top energy loans official was stepping down, following a widening probe into the embarrassing collapse of a solar panel company that got $535 million in federal support.

Jonathan Silver, a venture capitalist who had also worked for the Clinton administration, was leaving because the loan program has allocated all its funding, Energy Secretary Steven Chu said.

Silver’s departure, however, Continue reading

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