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dkf

(37,305 posts)

6. That doesn't describe what actually happened.

Reply to LanternWaste (Reply #3)

Wed Dec 14, 2011, 11:53 AM

Dec 2011

From that I can't tell what is fixable and what isn't. Financing i would think is fixable. If the construction was simply too outrageous to handle then that isn't. It also doesn't explain how this possibly applies to other counties many of which will need sewer upgrades.

Maybe that is too much to expect from one article.

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Highlight:

The scandal of the Alabama poor cut off from water (BBC) [View all] eppur_se_muova Dec 2011 OP

329% in 15 years?! ceile Dec 2011 #1

What is the explanation for how the financing went wrong? dkf Dec 2011 #2

Derivative deals, bribes and overruns... it's in the story LanternWaste Dec 2011 #3

That doesn't describe what actually happened. dkf Dec 2011 #6

Sounds like the original project was botched. dkf Dec 2011 #4

thank you BBC nt G_j Dec 2011 #5

Matt Taibbi wrote about this and it is in his book Griftopia.. prairierose Dec 2011 #7