is that true? >> it appears that companies like solyndra are leading the way. >> 2009 solyndra is the flagship in president obama's clean energy initiative. given an astounding $535 million loan of taxpayer money within two years the flagship sinks. but it seems the loan was a bad bet from the get-go. in 2009, a private credit ratings agency warns solyndra is headed for failure. the obama white house forges ahead anyway. days before the groundbreaking ceremony at solyndra's new plant the loan still hasn't receive aid proval from the office of management and budget. so administration officials press them to push things along. two days later, loan approved. the company digs itself into a hole almost immediately, bleeding money. by february this year, the company is broke. according to an administration e-mail, the optics of the solyndra failure would be bad.