Hundreds of millions in federal funds went to his energy company
Aaron Klein
WorldNetDaily
12/16/2011
The founder of an energy company that benefited from deals involving hundreds of millions in “stimulus” money made the maximum donation allowable to President Obama’s inauguration, WND has learned.
Peter L. Corsell, founder of GridPoint Inc., contributed $50,000 to the inauguration.
Corsell served as GridPoint’s chief executive officer from the company’s inception until transitioning to the position of non-executive chairman in October 2010.
Yesterday, WND broke the story that an Obama adviser who played a key role in developing the energy provisions of the so-called stimulus bill serves on the boards of GridPoint as well as several other companies that recently received government funds, including stimulus money.
TJ Glauthier served on Obama’s 2008 White House Transition Team. He is widely credited with helping to craft the energy provisions of the American Recovery and Reinvestment Act of 2009, also known as the “stimulus.”
In addition to serving on the boards of major energy companies, Glauthier previously held two presidential appointments during the Clinton administration.
He was the Energy Department’s deputy secretary and chief operating officer, the second-highest ranking official…
…Glauthier is tied to several energy companies that benefited from the stimulus bill he helped to craft…
The complete article is at WorldNetDaily.
