Who will be doing the Jailhouse Rock?
The Washington Times reports,
A grand jury has begun investigating Solyndra LLC, the failed California solar-panel maker that lost more than a half-billion dollars in federal loans, according to law-firm billing records…
The formation of an investigative grand jury would mark a significant development in the criminal investigation into Solyndra, which saw its offices raided by the FBI within days of its bankruptcy filing in September.
“The subpoenas would be just the tip of the iceberg,” said Laurie Levenson, a former federal prosecutor and now a law professor at Loyola Law School in Los Angeles. “The first things to happen in grand juries are subpoenas to collect every possible document you can.”
Federal authorities aren’t commenting on the probe. Jack Gillund, a spokesman for the U.S. attorney’s office, declined to comment Tuesday when asked about a grand jury.