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Solyndra (Obama green company) investigation expands with raid

September 9, 2011

Obama’s green company under investigation for fraud. Obama himself sat in meetings with them.

The raid and visits come amid increasing evidence the Justice Department and Inspector General are exploring whether Solyndra misled the government in securing its $535 million loan in 2009 – and landing a vital refinancing of that loan earlier this year. Beginning in March,  iWatch News,  in partnership with ABC News, was first to report on simmering questions about the role political influence may have played in Solyndra’s selection as the Obama administration‘s first loan guarantee recipient. One of the lead private investors in Solyndra was an Oklahoma billionaire who served as an Obama “bundler,” raising money during the 2008 presidential campaign, and who is a frequent visitor to the White House.

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