I haven't seen much state press coverage of the testimony in the trial of Enron executives where cash reserves set aside for payments to TVA got raided to help falsely inflate earnings for Enron. Did TVA get the monies they were owed? TVA has certainly been in the news (and on the editorial pages) in recent days.
With TVA increasing rates nearly 18% in six months, plus getting the approval to alter rates on a new sliding monthly scale then the Public Relations efforts to spin these increases are underway. Voicing concerns about the massive energy company, sadly, is as effective as looking up at the sky and saying "More blue!" or "Fewer clouds!!"
R. Neal at Knox Views has two fine posts that highlight the spin TVA chairman Bill Baxter has sent out to papers in Knoxville and Chattanooga (among others). The first post indicates the wagons are being circled to deflect criticisms of the increases and criticism that the plans for expanding their board include many paybacks for Bush supporters but zero citizen input.
The second post notes that the plans for nominees to a newly expanded board are ... well, dubious at best yet still supported by some for reasons like ... well, as R. Neal says, I'm sure they are good reasons, whatever they are.