So reports the N&O here.
Want to bet that the taxpayers never get their money back? If individuals and private lenders won’t put up enough money to keep Shaw going (that is, people who stand to lose if they’re wrong), why should taxpayers be dragooned into it?
If you read the piece, you find that a key player was Rep. Bob Etheridge, who regards this as simple constituent service. This is a wonderful example of the perversity of democracy, where politicians often squander heaps of money on benefits for special interest groups dear to them.
