The main question: Solyndra scandal
Further researched: Solyndra, a California-based solar panel manufacturer, declared bankruptcy in August 2011 after having received $528 million in federal loan guarantees.Solyndra’s problem, according to outsiders, was that the product looked better when it was conceived than when it hit the market. Solyndra’s design avoided the use of silicon, a commodity that was selling at very high prices in 2009 when the loan guarantee was approved but crashed later.
http://topics.nytimes.com/top/news/business/companies/solyndra/index.html
http://www.forbes.com/fdc/welcome_mjx.shtml
http://blogs.reuters.com/james-pethokoukis/2011/09/16/solyndra-the-logical-endpoint-of-obamanomics/