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7. Matt Taibbi wrote about this and it is in his book Griftopia..

Wed Dec 14, 2011, 12:21 PM

Dec 2011

you should be able to find the story in his columns on Rolling Stone. His explanations of the fraud are usually easy to understand.

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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