Energy Secretary Gives Himself Stellar Grade of A- for 85% Failure Rate

"But it turns out that Chu’s Energy Department was much more reckless in its lending decisions than the private lenders that the Obama Administration has blamed for the financial crisis (even as the Administration has expanded the role of the government-sponsored mortgage giants and federal affordable-housing mandates that helped spawn the housing crisis), manifested in an 85 percent failure rate on its process check."