Friday, January 20, 2012

11 More Solyndras In Obama Energy Program

CBS News: 11 More Solyndras In Obama Energy Program




CBS News' Sharyl Attkisson takes a look at 11 more Solyndras that were part of Obama's Energy program. Attkisson was one of the original reporters that uncovered the Solyndra scandal.

CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES' subsidiary Eastern Energy and Solyndra.

According to CBS News, Beacon Power, a "green energy storage company," recieved $43 million from the government. Standard and Poor's had given the project a rating of "CCC-plus."

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