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ATI’s Chesser: The Solyndra-Walmart Connection

September 29th, 2011 | Author:

By Paul Chesser—American Tradition Institute

A lot has been said about the ties of George Kaiser, a campaign contribution bundler for President Obama’s 2008 campaign, to the Solyndra bankruptcy scandal that likely has cost taxpayers $535 million thanks to a Department of Energy loan guarantee. Kaiser’s investment firm, Argonaut Venture Capital, held over 35 percent of the failed solar company’s stock – more than anyone else.

But next in line (with 11 percent) behind Argonaut in the Solyndra stakes is Madrone Capital Partners, which is managed by a trio whom the political Left has attempted to tie to support for Republicans. Of course, “they did it too” is not a legitimate defense, but in this case, it’s not a portrayal of the entire picture either.

Read the rest at the National Legal & Policy Center blog

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About American Tradition Institute

History and Founding Principles American Tradition Institute (ATI) is a public policy research and educational foundation - a "think tank" - founded in 2009 to help lead the national discussion about environmental issues, including air and water quality and regulation, responsible land use, natural resource management, energy development, property rights, and free-market principles of stewardship. American Tradition Institute utilizes a three-pronged strategy to advance responsible, economically sustainable environmental policy: Research, investigative journalism, and litigation, via our Environmental Law Center. Our combination of expert policy analysis, exposing truth, and redressing wrongs in court advances the cause of liberty, and will...

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