The Nation's Largest Municipal Bankruptcy: The Tip Of The Off-budget Iceburg
Friday, August 14, 1981
by James T. Bennett and Thomas J. DiLorenzo
A recent article in Fortune magazine has the eye-catching title "Nuclear Fiasco Shakes the Bond Market." The fiasco is not a melt down, but what the article describe as the "squalor and fantastic waste" of the Washington Public Power Supply Steam.
For complete study; st106.pdf