Originally posted on Gigaom:
The dark cloud of Solyndra might have lifted a bit, but, yes, it’s still here — it’s an election year, the $535 million in loan guarantee funds were sizable and high profile and deep investigations can take awhile to produce. Solyndra’s Chief Restructuring Officer, Todd Neilson, an outside bankruptcy expert and former FBI agent, has just completed and published a 204-page report on what-the-heck happened with Solyndra.
Fortune has a detailed analysis of the report (and thanks for embedding the report as well!). I read both the report and the analysis and here’s the key takeways you should know:
DOE had enough info: The report finds that the DOE had enough information to know the risks associated with the loan guarantee for Solyndra. Basically Solyndra wasn’t hiding risks from the DOE.
Loan funds were spent as they were agreed upon: The report says that the funds that Solyndra spent were…
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