Friday, October 07, 2011

Jonathan Silver Resigns from DOE Loan Guarantee Program

Jonathan Silver
Jonathan Silver, executive director of the Department of Energy’s Loan Program Office (LPO), has resigned amid probes of the agency’s $535 million loan guarantee to the solar company Solyndra, which is now closed. Energy officials have stated that Silver decided to leave the job in July, recognizing that funding for the program was expiring. LPO issued an additional $4.7 billion in loan guarantees on Sept. 30, the last day of the program. (More: Wash Post, 10/7/2011)

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