Tag: TNInvestco

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

Tennessee Star Staff

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…

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

Laura Baigert
Tennessee Star

  “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…

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