Wednesday, April 08, 2009

Metro Nashville Council Member Calls Tennessee a "Conspirator," Remembers the Titans

The same NY Times article that spells out how Tennessee towns are going down to the greedy wiles of investment bankers and because of regulatory neglect, quotes one of Nashville's own Metro Council members:
Even with those regulations, the comptroller approved all 215 swap applications submitted in the state since 2001. “Tennessee was an unwitting conspirator in this whole mess,” said Emily Evans, a Nashville City Council member and former bond trader who was a critic of her city’s swap deal on the bond for the Tennessee Titans’ stadium.

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