SOLYNDRA-GATE: What You Need To Know About The Scandal Threatening The Obama Presidency

When Solyndra went bankrupt last month it blew the lid off a scandal that had been simmering for months — and now threatens to ensnare the administration in months of hearings and bad headlines going into the 2012 election.

There is no evidence, nor is it likely, that Obama had any ties to the controversial $535 million loan, but already senior advisors are under fire for their roles in assisting the struggling company — which had strong ties to a key Obama donor.

Read more: http://articles.businessinsider.com/2011-09-16/politics/30164192_1_solyndra-obama-presidency-scandal-tarnishes#ixzz1YB9TQAr0