Solyndra Losses a Fraction of Default Budget: BGOV Barometer
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The default rate on the U.S. clean-energy loan program that funded Solyndra LLC is a fraction of what the government budgeted for losses.
The BGOV Barometer shows the default rate on the $16.1 billion Energy Department loan portfolio is less than 3.6 percent. The White House planned for defaults of as much as