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Home > "Romney-Backed Solar Firm Flops, Dems Pounce"

"Romney-Backed Solar Firm Flops, Dems Pounce" [1]

"A Massachusetts solar company to which Mitt Romney personally delivered a $1.5 million loan when he was governor has gone belly up, leaving him vulnerable to the same 'picking winners and losers' charges that he's been lobbing at President Barack Obama over Solyndra."

"The president's reelection campaign wasted no time noting Romney's support for Lowell-based Konarka Technologies, which announced Friday it had filed for bankruptcy protection with plans to lay off more than 80 workers and liquidate its assets.

The filing came on the heels of Romney's unannounced visit last week to Solyndra's Silicon Valley headquarters, where he accused the Obama administration of a conflict of interest and poor judgment in approving Solyndra's $535 million Energy Department loan guarantee."

Darren Samuelsohn reports for Politico June 4, 2012. [2]

Environmental Politics [3]
National (U.S.) [4]
Public [5]
Source: Politico [2], 06/06/2012
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Source URL:https://www.sej.org/headlines/romney-backed-solar-firm-flops-dems-pounce

Links
[1] https://www.sej.org/headlines/romney-backed-solar-firm-flops-dems-pounce [2] http://www.politico.com/news/stories/0612/77011.html [3] https://www.sej.org/category/topics-beat/environmental-politics [4] https://www.sej.org/category/region/national [5] https://www.sej.org/taxonomy/term/81