Obama's DOE was 100% incompetent, not to mention the loan should have never been given.
http://fortune.com/2015/08/27/remember-solyndra-mistake/
"This time the haunting is in the form of a report from the Inspector General’s Office, which after more than four years of investigation, concluded that Solyndra officials used inaccurate information to mislead the Department of Energy in its application for a $535 million loan guarantee. The report also found that there were shortcomings with the DOE’s process of managing and approving the loan guarantee to Solyndra."
"More than anything, the report highlights that a startup as high-risk as Solyndra should not have ever been considered for such a large loan guarantee from the federal government."
"At the same time the Inspector General’s report found that Solyndra had at one point given more accurate sales contract updates to a DOE consultant in 2009 and that consultant didn’t alert the DOE to the significance. Solyndra also sent over a spreadsheet to the DOE that showed missed revenue projections, but DOE consultants staff didn’t study the document closely enough to realize its significance."