FOXNews.com: Watchdog finds Solyndra loan was 'rushed'

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Watchdog finds Solyndra loan was 'rushed' Apr 4th 2012, 20:17 An internal investigation into a half-billion dollar federal loan to failed solar company Solyndra Inc. has found that a last-minute review by financial experts was rushed and completed in about a day. Those experts had concerns, but there's no evidence to show whether they were addressed by the Energy Department, which already had decided to approve the loan. The report, released Wednesday by the Treasury Department's inspector general, provides further evidence of serious concerns about a loan to California-based Solyndra pushed by the Obama administration. Solyndra's failure after it received the loan has become a focal point for GOP criticism of the president's green-energy agenda. The report said it was unclear whether the review's timing violated the law. Treasury officials said they had sufficient time to review it.

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