Romney Backer Says Solyndra Is a ‘Cherry-Picked’ Example

Politics

0  Updated at 9:53 am, June 8th, 2012 By: ABC Digital
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Ken James/Bloomberg via Getty Image(WASHINGTON) — Edward Conard, one of Mitt Romney’s biggest donors to his super PAC, says the GOP’s inexorable focus on the now-bankrupt Solyndra is a “cherry-picked” example of companies that got money from the government.

Romney and the Republican National Committee have been relentless in drawing attention to Solyndra, a solar panel maker that won a $535 million loan guarantee from the Obama administration but shut down in September.

Romney even staged a press conference at the shuttered headquarters of the energy company outside Silicon Valley last month, calling it a “symbol of how the president thinks about free enterprise.”

On Thursday night, though, Conard, who worked with Romney at the private-equity firm Bain Capital and who has donated $1 million to Restore Our Future, the super PAC supporting Romney, suggested that Solyndra’s failure is a rare case of companies gone wrong and isn’t indicative of government funding.

The way in which Conard got to that point was a little unique — it was during an exchange with Jon Stewart on The Daily Show, in an interview that was too long for broadcast but is available online.

The back-and-forth started when Stewart said that while he was at Bain, Conard “utilized rules that even the companies that failed used to — could win.”

“That’s a rarest of the rare,” Conard replied.  “Those are cherry-picked examples.”

Stewart was ready with his comeback: “Like Solyndra would be a cherry-picked example.”

Conard agreed.

“Of course Solyndra’s cherry-picked,” he said.  “I don’t disagree with that.”

Then, in a rare moment of warmth in an otherwise lengthy and prickly “interview” about Conard’s controversial new book, Stewart said, “You’re a good man.”

Copyright 2012 ABC News Radio



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