Excerpt: The director of the controversial loan program that cleared the way for a $535 million taxpayer guarantee to bankrupt solar firm Solyndra is stepping down, the Energy Department confirmed Thursday. Jonathan Silver, head of the Loan Programs Office, plans to join the organization Third Way
as a "distinguished visiting fellow." ...Energy Secretary Steven Chu said in a statement that Silver's departure was expected. www.foxnews.com/politics/2011/10/06/obama-defends-528-million-federal-loan-to-bankrupt-solyndra/#ixzz1a2QfJQmG