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DOE Chief Chu Defends $535M Solyndra Loan

By Derek Hawkins (November 17, 2011, 4:19 PM EST) -- Energy Secretary Steven Chu on Thursday defended the U.S. Department of Energy's decision to approve a $535 million loan guarantee to bankrupt solar panel maker Solyndra LLC, rejecting claims by some members of the U.S. House of Representatives that political favoritism motivated the move....

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