ol bank run to the tune of 4 billion. what words would you use to describe the financial situation in jefferson county? hopeless. at this junk fuhr. hopeless? hopeless. jimmy stevens is jefferson county s district three commissioner. he was elected after the crisis began. how did it stop to go after the rails? they attempted to build a cadillac when a chevrolet would have worked as well. this is not a tale about cars but sewers and the sort of mess that seens to the surface when local politicians with big ideas get mixed up with wall street bankers looking for big fees. a financial sink a swamp of corruption. it begins back in 1996. jefferson s sewer system was
ol bank run to the tune of 4 billion. what words would you use to describe the financial situation in jefferson county? hopeless. at this junk fuhr. hopeless? hopeless. jimmy stevens is jefferson county s district three commissioner. he was elected after the crisis began. how did it stop to go after the rails? they attempted to build a cadillac when a chevrolet would have worked as well. this is not a tale about cars but sewers and the sort of mess that seens to the surface when local politicians with big ideas get mixed up with wall street bankers looking for big fees. a financial sinkhole in a swamp of corruption. it begins back in 1996. jefferson s sewer system was
ol bank run to the tune of 4 billion. what words would you use to describe the financial situation in jefferson county? hopeless. at this junk fuhr. hopeless? hopeless. jimmy stevens is jefferson county s district three commissioner. he was elected after the crisis began. how did it stop to go after the rails? they attempted to build a cadillac when a chevrolet would have worked as well. this is not a tale about cars but sewers and the sort of mess that seens to the surface when local politicians with big ideas get mixed up with wall street bankers looking for big fees. a financial sinkhole in a swamp of corruption. it begins back in 1996. jefferson s sewer system was leaking raw sewage into rivers
hopeless? hopeless. jimmy stevens is jefferson county s district three commissioner. he was elected after the crisis began. how did it stop to go after the rails? they attempted to build a cadillac when a chevrolet would have worked as well. this is not a tale about cars but sewers and the sort of mess that seens to the surface when local politicians with big ideas get mixed up with wall street bankers looking for big fees. a financial sinkhole in a swamp of corruption. it begins back in 1996. jefferson s sewer system was leaking raw sewage into rivers and streams and the county signed a federal consent decree to fix the problem. the costs huge, estimated at between $250 million and about a billion dollars. where did the county get the money to undertake such a massive project like this? if went to investment bankers, went to the bond market and made their pitch and it was underwritten and sold as
government bankruptcy of all. $4 billion. it took some doing. greed, income p incompetentencd ol bank run to the tune of 4 billion. what words would you use to describe the financial situation in jefferson county? hopeless. at this junk fuhr. hopeless? hopeless. jimmy stevens is jefferson county s district three commissioner. he was elected after the crisis began. how did it stop to go after the rails? they attempted to build a cadillac when a chevrolet would have worked as well. this is not a tale about cars but sewers and the sort of mess that seens to the surface when local politicians with big ideas get mixed up with wall street bankers looking for big fees.