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Transcripts For CNNW American Morning 20111007

defended a controversial $535 million government loan to a california solar panel company that eventually went belly up. the solyndra drama continues. reporter: continues, and will for some time. the president when asked about that, jonathan silver, the man who has been heading up the loan program, which, of course, is the controversial part of this program, because of a guaranteed loan that was given to that solar panel company that president obama visited, and that went belly up in august, that s really what all of this stems around. well, he has resigned, and to listen to the department of energy we re hearing from secretary steven chu, he s saying jonathan silver, the man who testified before congress about this controversy recently. he was already leaving, had been told in july before news broke of solyndra filing for bankruptcy that he would be going into the private sector. so you re hearing from sort of the executive branch this was already going to happen, but you

Detailed text transcripts for TV channel - KGO - 20100927:10:21:00

person, th ther se b don t think that suggests, according ars for mr. jones, what they call a culture of thugs at your operation in texas. i don t know that, you know i can t speak to that, you know. what would you say to that? i would say that s absolutely false. reporter: but at trial a jury found both the callers and the company responsible. and awarded allen jones more than $1.5 million. hopefully this will motivate people around the country to actually do something about it and not just sit up and be subject to abuse from harassing companies. compeemve a dea earnk oea. even after the verdict, even after we sent the company copies of the obscene phone calls on its behalf, bank of america continued theet collection agenc overdue accounts. bank of america didn t really nt tode to spea when brian ross went the extra length of trying to find the chairman, a guy by the name of ron moynihan, he said he was

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