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A top donor to President Obama did not use political influence or talk to administration officials about a massive government loan to a solar company backed by his investment funds, according to a statement issued by his family foundation.

The foundation of Tulsa billionaire George Kaiser said it took a hit like all other investors in Solyndra, which this week shuttered its plant and laid off 1,100 workers. The California-based solar panel manufacturer won a $535 million government-backed loan to spur clean-energy innovation, but now taxpayers may be obligated to pay it back.


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Political bundlers are those who collect contributions from many individuals within an organization or a community and present the funds to a politician or political party.

Real Estate (housing) bundlers package and sell multiple properties as a bundle to an individual or entity, typically below market value.