Dems Blame Chinese Trade Tactics For Abound Solar's Woes

Law360, New York (July 18, 2012, 2:43 PM EDT) -- Democrats and Republicans crossed swords Wednesday over whether deep government losses on loan guarantees to solar power companies, including newly bankrupt Abound Solar Inc., are the result of unfair competition from China or a misguided infatuation with green energy.

The war of words played out at a congressional hearing that was intended to explore Abound's collapse earlier this month, but which quickly veered off track to examine everything from international trade practices to President Barack Obama’s campaign videos.

“Throughout this investigation, there is a real scandal...
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