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TVA’s Bad Debt Problem Hidden Until FOIA Request

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  1. Freedom of Information
· Story link Back in September, auditors criticized the bookkeeping of the Tennessee Valley Authority, telling it to write off…

· Story link

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)