Solyndra Collapse a 'Waste' of Half a Billion By Obama, GOP Critics Say
That's when the Government Accountability Office issued an unusually blunt assessment of the Energy Department's loan program in general, concluding that the department had "treated applicants inconsistently, favoring some and disadvantaging others."
Will Company's Bankruptcy Hurt Obama Jobs Record? Watch Video
Solar Energy Company to File for Bankruptcy Watch Video
The government loan guarantee was supposed to spur 1,000 full-time jobs once Solyndra's solar plant was fully operational. Instead, as the company announced Chapter 11 bankruptcy today, reports surfaced that 1,100 would lose their jobs.
When asked if he believed any part of the loan deal was made in bad faith, Upton told ABC News, "I don't know… We'll see where the trail takes us."
Kaiser declined requests for comment on this report.
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