Solyndra bankruptcy is causing Congress to look into how the solar manufacturer got federal subsidies. The Energy Department restructured the loan seven months before the Solyndra bankruptcy.
FBI Solyndra raid believed to be related to more than $500 million in federal loans the solar firm received before filing for bankruptcy. FBI: Solyndra investigation is being carried out jointly with Energy Department.
Bankruptcy of Solyndra, once touted by President Obama, is third failure of a US solar firm this month. Bankruptcy will serve as fuel for critics of government stimulus.