TNInvestco Archives - Tennessee Star

Bredesen’s $200 Million TNInvestco Boondoggle Hangs Over His Expected Announcement of U.S. Senate Run

December 7, 2017December 7, 2017 Tennessee Star Staff

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Former Gov. Phil Bredesen’s TNInvestco program, which he promoted in 2009 as a sure fire job and revenue generator for the State of Tennessee, has been a complete financial and economic debacle, the Tennessee Comptroller reported in 2016: A performance audit from the Tennessee Comptroller’s Office has revealed the State…

Haslam’s IMPROVE Act Includes Same ‘Economic Development’ That Lost Millions in TNInvestco

April 18, 2017 Laura Baigert

Tennessee Star

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“A performance audit from the Tennessee Comptroller’s Office has revealed the State of Tennessee has only recovered $5.3 million of its initial $200 million investment in the TNInvestco program,” according to a statement dated November 10, 2016, under the name of Justin P. Wilson, Comptroller, referring to a performance…