Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
COSTA MESA, Calif. (AP)

Bachmann: Solyndra shows Obama's abuse of power

Go Deeper.

Create an account or log in to save stories.

Log inCreate a free Account

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

Show me!

Republican presidential candidate Michele Bachmann says a half-billion dollar government loan to a solar energy manufacturer is an example of an "abuse of authority and power."

Bachmann made the remarks Friday at an Orange County rally before the start of the California GOP convention.

The Treasury Department announced Thursday it has launched an investigation into a $535 million loan to the Fremont, Calif.-based Solyndra Inc.

The Silicon Valley company was the first renewable-energy manufacturer to receive a loan guarantee under the stimulus law. President Barack Obama's administration frequently touted Solyndra as a model for its clean energy program.

It has since laid off more than 1,000 people and filed for bankruptcy.

Bachmann called the loan "crony capitalism" during the rally.

Solyndra executives raised more than $100,000 for Obama and Democrats.