May 16, 2014
DOE Inspector General Report On Loan Guarantees
On May 7, 2014, the U.S. Department of Energy's (DOE) Inspector General (IG), Gregory H. Friedman, issued an audit report on "Implementation of Recommendations from the January 2012 Independent Consultant's Review of the Department of Energy Loan and Loan Guarantee Portfolio." A copy of the report is available online. In the fall of 2011, following the high-profile bankruptcies of alternative energy companies that had received DOE loan guarantees, including Solyndra, Inc....