Corporate Counsel, September 21, 2011 by Catherine Dunn
http://bit.ly/rgrKFe
With regards to the singular, if high-profile, failing of Solyndra, Weissman says: “It’s a vast oversimplification to point to [the failure] of one company and draw any meaningful conclusions.” The purpose of the federal loan-guarantee program is to shift risk in uncharted waters from the private sector to the taxpayer, and “whenever there’s risk, that means some things are going to succeed and some things are going to fail,” he adds.