While criticizing President Barack Obama for picking winners and losers in the energy industry, he bungled the name of the most famous energy company to go under despite government assistance.
“No greater example of it than this administration sending millions of dollars into the solar industry, and we lost that money,” Perry began. “I want to say it was over $500 million that went to the country Solynda.”
Solyndra, a company which manufactured high-tech solar energy panels, went bankrupt this year after receiving $535 million in federal loan guarantees.
