Detailed text transcripts for TV channel - FOXNEWS - 20120219:02:25:00
Called -- to a company called prologis. >> they were going to put solar technology on roof tops around the country to provide clean energy. the problem is that solyndra, which had already received a loan, was in financial trouble, so the department of energy intervened and told prologis we're going to give you government money in the form of a loan guarantee of $1.4 billion, but you need to use the technology from solyndra. this was their effort, their attempt to try to rescue solyndra. to show you how absurd this got, not only did they say that, they actually participated in the negotiations ...