TVA’s Bad Debt Problem Hidden Until FOIA Request
· Story link Back in September, auditors criticized the bookkeeping of the Tennessee Valley Authority, telling it to write off…
Back in September, auditors criticized the bookkeeping of the Tennessee Valley Authority, telling it to write off $5.3 million in bad loans and to tighten its economic development lending procedures. The report became public only after the Associated Press filed a FOIA request and then waited a couple of months. (1/24/05)