Solar panel company Solyndra, which went bankrupt after getting a half-billion subsidy from the U.S. government, is largely owned by Obama fundraiser George Kaiser, who has visited the White House 16 times.
Al Gore acolyte Cathy Zoi was Obama’s assistant secretary for energy efficiency and renewable energy while her husband was an executive at a company that received direct subsidies from the Obama administration and profited from the Cash-for-Caulkers bill Zoi’s division implemented. Zoi has since left DOE to run a clean-tech hedge fund owned in large part by Democratic mega-donor George Soros.
A group of Democratic operatives have formed an investment company called U.S. Renewable Energy Group, or US-REG, which seems to exist for the sake of buying green-tech companies, and then helping them get subsidies. In at least one case, US-REG appeared to be a U.S. beard for a Chinese company seeking U.S. dollars to make wind turbines in China.