Benito's scheme to flush YOUR money down the left-fascist crapper continues to unravel.

When even the LA Times goes after a Democrass, there must be a heck of a lot of fire to go with all the smoke [Racist.].

Obama advisors raised warning flags before Solyndra bankruptcy

By Tom Hamburger, Kim Geiger and Matea Gold, Washington Bureau

Treasury chief Timothy F. Geithner and others were worried that the selection process for federal loan guarantees fell short and raised the risk that funds could be going to the wrong firms.

Long before the politically connected California solar firm Solyndra went bankrupt, President Obama was warned by his top economic advisors about the financial and political risks of the Energy Department loan guarantee program that boosted the company's rapid ascent.

At a White House meeting in late October, Lawrence H. Summers, then director of the National Economic Council, and Timothy F. Geithner, the Treasury secretary, expressed concerns that the selection process for federal loan guarantees wasn't rigorous enough and raised the risk that funds could be going to the wrong companies, including ones that didn't need the help...

Page 1 | Page 2 |