President Obama continues to dribble out evidence demanded by House subpoena on the Solyndra scandal, ignoring a Thursday noon deadline for compliance, and then announcing (via CNN):
The White House agreed Thursday to turn over some documents demanded under subpoena by a House panel investigating the collapse of solar energy firm Solyndra, Republican investigators said. (emphasis added)
Some, as in not all. Friday afternoon, as in document dump.
But the evidence already at hand is yielding more damning evidence. Joe Stephens and Carol D. Leoning of the Washington Post write:
...at each crisis, Energy Secretary Steven Chu and officials at his agency failed to take steps that critics say could have limited taxpayer losses when the company collapsed last summer.
Instead, Energy Department officials monitoring the solar panel manufacturer and its $535 million federal loan stepped in with financial assistance, or worked to dispel concerns raised by industry analysts and other Obama administration staffers....
The officials raised no public red flags even as Solyndra executives presented a glowing picture last summer to Capitol Hill lawmakers, describing a growing company when internal sales figures suggested one that was in serious trouble. (snip)
The documents also capture escalating tension as staffers at the White House, its Office of Management and Budget, and the Energy Department came to grips with Solyndra's likely demise. Working deep into the night and into the weekend, they fretted at times about political fallout from the collapse, noting that Solyndra had been a centerpiece of President Obama's effort to promote clean technology businesses.
Energy Secretary Chu will be testifying next week, and he has got to be sensing approaching bus wheels. He was the point man shepherding the project at each stage.
Hat tip: Ed Lasky