the new york times ties themselves up in knots and the editorial never runs and then on the holiday weekend, they think let s pop that in there. we need something to fill in that space. just when the white house was glad no one was talking about solyndra anymore, here comes the new york times with this explanation that somehow the republicans are to blame for it. if the republicans were to blame for a democratic donor getting a special deal for his green energy company that was restructured in the last days of the company when the company knew it was going to go bankrupt, the f.b.i. would not be involved. that s not the republicans fault. we have a little snippet. we ll tell them what it meant in part. the republicans hope to prove that the solyndra loan was a political favor to wealthy investors with democratic ties. chiefly george kaiser. they have not made this case. there were plenty of other private investors, some of them republicans. why don t they name them? you know
decision on solyndra on the merit and denied political interference by the white house. i m aware of no communication from white house to department of energy saying to make the loan or restructure. after intensive internal debate among his aides, president obama toured solyndra last year and touted it as a model of green energy innovation, aided by $535 million in stimulus funds used to guarantee the company loans. but this summer they declared bankruptcy. they pressed chu on the red flags raised about the shaky finances and e-mail sent by officials at the doe and white house office of management and budget. were you aware that your own staff that worked for you was predicting bankruptcy in 2011, prophetically two years? i was not aware. reporter: chu said the department general counsel saw no legal problem with chu s move last december to restructure solyndra loan, amid increasing concerns about
tensions have been building ever since. mary snow is there witnessing the protesters and she s joining us there by phone. so, mary, give me an idea of what the police presence is like and is this crowd growing? it s been a massive crowd this morning, fredricka. down here in lower manhattan in the surrounding blocks around the new york stock exchange. we are on one intersection where there has been pretty much a standoff between police and protesters and there was a barricade up preventing them from going any closer to the new york stock exchange and on the last few minutes we have seen some arrests. people were carried out and how we have seen, also, more police showing up at this intersection where we are with handcuffs. the police got on the loud speaker just a short time ago telling protesters to get on the sidewalk. they have blocked the intersection in this block right near the stock exchange and it s pretty much protesters just kind of in this standoff with police. it
knowledge about legislation that would he affect companies. would you support legislation to prohibit that kind of thing? well, i think any member of congress has to be open and transparent. it s not illegal for us to own stocks or to invest, but we should do it through the market with knowledge that every american has an opportunity to have access to it. jon: so, if there were legislation to prohibit, quote unquote, insider trading by congressmen you d support it? i think we have that already, but i d certainly take a look at it. tomorrow, though i m getting ready to ask questions of secretary chu about what he knew about the solyndra loan and loan guarantee, and some of the information that led him to approve going around the prohibition in the law against subordination so that the taxpayers weren t left literally holding the bag, so to speak. jon: that is going to be an interesting hearing. we ll be watching it. congressman joe barton. good to have you on.
attempt, congresswoman gabrielle giffords i m wolf blitzer. you re in the situation room. first, an apparent shake-up in the republican race for the white house after a turbulent week that saw herman cain finding new allegations of sexual harassment and rick perry stumbling sadly in a debate. newt gingrich leaping towards the top of a pack in a stunni stunningcome back. jim acosta is watching the race for us as he always does. where do things stand right now? some candidates are stepping in it, newt gingrich is stepping it up. what s old is newt. he s back. it is a wide open race. consider campaign road kill over the summer, newt gingrich is peaking at just the right time. he is leaping ahead of herman cain in a new poll and falling within the margin of error for the lead in another poll from cbs. the former house speaker may be scoffing at his numbers. all of this effort to create a two-man race when it was perry and romney. reporter: he already has a new racer l